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Noront Resources Ltd. V.NOT


Primary Symbol: NOSOF

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

Bullboard Posts
Post by franzneumanon Aug 13, 2008 6:18pm
610 Views
Post# 15382176

Expected

ExpectedAs I posted a few weeks ago, I expected NOT to bounce between $2.50 and $4.50 until we hit another massive intercept either away from DE1 or at depth or extending the deposit at DE1.

We're at the low end of this range right now than for no other reason than the horrid market conditions (especially for this sector) and the summer snooze. NOT will move back up that range once the summer ends and broader market conditions improve.

No reason for anyone to panic here, regardless of what the bashers might say. Likewise, no need to throw a paranoid fit regardless of what the pumpers say.

Back to my canoe.

franz
Bullboard Posts