Northisle Copper and Gold Inc V.NCX

Alternate Symbol(s): NTCPF

Metals & Mining Industrial Metals & Minerals

Northisle Copper and Gold Inc. is a sustainable mineral resource company. It owns the North Island Project, which is a copper and gold porphyry project in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by the Company stretching 50 kilometers (km) northwest from the now closed Island Copper Mine operated by BHP Billiton. The claim block includes two defined resources at Hushamu and Red Dog, and numerous additional copper and gold porphyry targets. The Hushamu Deposit is a high-level telescoped porphyry copper-gold- molybdenum system containing a significant rhenium content. The Pemberton Hills target is within a 6.5 km long by 1.5 km thick area of high-level, advanced argillic alteration within Mesozoic-age andesitic volcanic rocks in an early-stage exploration zone. The North Island Project includes several relatively untested targets, including Northwest Expo, Goodspeed and Macintosh.

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Northisle Copper and Gold Inc

Bullboard Posts

Post by Lorelon Feb 02, 2009 10:02pm

385 Views

Post# 15747052

VOLUME

Almost 17 M trading volume today twice the volume of yesterday.

Reasons:
Don't want to take risk.
Stop loss
Margin calls
Day trading.

I don't think day traders made any money today and yesterday. Because closing prices are very close to day's low and price fluctuations were not wide but were consistently downwards. So day traders are likely to stay away for the rest of the week.

Sells should be dry now.

We should see less volume from tomorrow but at least few millions probably will take the SP north of $2.
JMO

Bullboard Posts

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