Noront Resources Ltd. V.NOT

Primary Symbol: NOSOF

Metals & Mining Industrial Metals & Minerals

Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and copper-zinc volcanic massive sulphide deposits which are part of the company's McFauld's Lake Project. Its assets are located in the area known as the Ring of Fire in the James Bay Lowlands, Ontario.

OTCPK:NOSOF - Post by User

Noront Resources Ltd.

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Post by buygold69on Sep 19, 2007 5:28pm

672 Views

Post# 13429987

Why did people sell today?

NOT released a very similar news release to that of which took the stock from .40cts to $4.00 in under a week. Now they reiterate the news (probably because the OSC asked for it) and nothing has changed. Problem with NOT is people bought not knowing anything about it, and sold not knowing anything about it. The stock opened @ $2.50 because people who bought into this on the momentum, sold into the negative surroundings by bashers. Then the large brokerage communtiy loads up on the cheap shares and pushs it much higher. These same fools who sold on "no new news" will be back when the real news comes out. Buying back at much larger prices then they just sold at today. NOT and FWR will all be higher on the next results in my opinion. Stay long and load like the big boys

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