Noront Resources Ltd. V.NOT

RE: NOT will have

[bert2818]

"...As well regarding the PP, these people have shorted the stock for quick gains and it's plain as daylight that had occurred. But because it was oversubscribed, there are people with negative shares out there that is going to cover soon and along with the speculative buying, it should drive the price back up as we approach the end of the year and the rest of the results. They have been shorting against the PP for a while now not just the Friday but from many many sessions ago, but that should stop soon, as reversal trend is near..." That's what the finance people call a promotable project. but why should they get paid twice for their services beats me.So they make the deal on with in the knowledge that they have a "promotable 4.8 meters" ahead of everybody else, make the deal of a PP @ 50c, collect their fee of anywhere from 5-10%, then turn around and promote the hell out of their 4.8 meters and then sell in to the ensuing commotion at 80c then turn to the company to close the deal, hand over the money and collect the shares they had sold before, so the shares did not cost them 50c, but 20c.if the deal was so sweet, wouldn't it have been fairer to make this offer to the existing shareholders via a rights offer with the knowledge of the 4.8 meters? At least the dilution would have been loaded on to everybody equally and the company still would have gotten the money. That's done over and over again and the bag holders have to wait for thei risk reward and the PP people whoever they are have their money to go to the Bahamas for the winter.JMHO