Norra Metals Corp V.NORA.H

Alternate Symbol(s): NRRMF

Norra Metals Corp. is a Canada-based precious and base metals exploration company. The Company’s principal business activities include the acquisition and exploration of resource properties. Its Norwegian assets include the Bleikvassli polymetallic, zinc-copper-lead-silver underground mine project and the Meraker copper-zinc- gold exploration project. It also holds a 100% interest in the Pyramid copper-gold porphyry project located in Northwest British Columbia. The Pyramid Property is located approximately 65 kilometers (kms) north of Dease lake in north-west British Columbia. The Company’s Bleikvassli property is composed of the last copper-zinc-silver-gold producing mine across six contiguous exploration licenses totaling 60 square kilometers (sq.km) of area in the Hemnes Municipality of the Nordland Fylke Province of Norway. The Meraker property is composed of approximately 21 contiguous mineral licenses totaling 206 sq. km in the Meraker municipality of Trondelag County, Norway.

TSXV:NORA.H - Post by User

Norra Metals Corp

Bullboard Posts

Comment by cmunnyon Sep 10, 2008 12:27pm

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Post# 15444969

RE: Where's the bottom? - under 2006 lows perhaps

As we've been trying to show anyone who would listen, virtually the whole PM market was set up in 2 year rising wedges on top of multi-triple digit vertical markups in late 2005. Such trading patterns are a recipe for disaster. These markets are for taking $$ from the average investor through the process of " inflation and then deflation," as Jefferson put it. This is just Nasdaq 2002 / 1974-1976 gold market redux.

OK is finally filling the 2007 runup gaps, which, if you can believe, still makes it one of the strongest stocks out there. Most have eventually undercut 2006 lows.

Some of these jrs. are getting close to 2x cash. I don't know what the end game will be, but they anyone with any $$ should probably go on austerity programs and wait this dollar scam out and get PM prices back up.

Gold is completely trapped below the recent pennant and in complete free fall mode back to 620-650. SLV probably going to take out 2006 lows in mid 9's