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Norra Metals Corp V.NORA.H

Alternate Symbol(s):  NRRMF

Metals & Mining Gold
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
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Comment by JustLongon Feb 07, 2009 11:36am
412 Views
Post# 15760758

RE: RE: next resource count

RE: RE: next resource countRecently there has been good movement and breaking 70 will need a good push but that may get it to 80 or 90 near term.Nice steady volume for the last few months as well.Link 1 shows the overhead we are up against.Nice rounded bottom(link 2) for the past month shows good price control with a steady bottom around 48 on the pullback with little volitility.The last couple rallies from Oct and Dec are a bit parabolic but the pull backs(profit taking) are about 50% and I expect the up move(to 80 or 90) to pull back and test the 70 area once it gets up that far.A parabolic move would probably see a buck-a buck 5.Assuming this were to occur(due to no stupid things happening)should be a good week.Going to need good volume for confermation as well.Link 3 shows recent action.I'm slightly concerned about the long lower shaddows on the 4th and 6th but they also tell that the buyers are here with support at 58.Closed at the high too.It could gap up Monday but I'd rather it not do that till 69 or 70 if it were to occur.Was Friday the volume uptick to get the breakout started?Looks good to go,IMHO.GLTA

https://stockcharts.com/h-sc/ui?s=OK.V&p=W&yr=2&mn=6&dy=0&id=p53515831897

https://stockcharts.com/h-sc/ui?s=OK.V&p=D&yr=0&mn=6&dy=0&id=p62536581887

https://stockcharts.com/h-sc/ui?s=OK.V&p=D&yr=0&mn=1&dy=0&id=p73312267273

JL
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities