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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
Comment by Privatemoneyon Jan 22, 2010 10:39am
1272 Views
Post# 16707698

RE: Any Predictions?, broad stroke predictions at

RE: Any Predictions?, broad stroke predictions at
 I predicted a bit of a rally, especially since we are a copper nickel pgm chromite company. We are pretty stable and as a large sh holder im not to panicky but then again i think the longs are ok but the day traders may have dried up and are holding until news. ie when the stock will bang up again. Ill be talking to the ir people and one of the directors who I know well from previous business. 
keep in mind 2 things, they are increasing the size of the deposit and have high gade platinoids and 2nd, WHEN THIS STOCK MOVES IT REALLY REALLY moves , ie everyone who is in the market plays this one and or its on everyones radar, which still leaves us in a better group then the vast majority of juniors.
we keep buying bits and pieces on the lows now  and only sell bits and pieces when the nrs hit. 95 % of our holdings in the company are long. we see this once again eventually at the 5 to 6 dollar marker. 
The other thing id like to say is we think not will take someone else out, likely probe as they have the smallest mkt cap with the best airborne signatures proximal to not, ie their ground is contiguous. bmk is too well capitalized to take a run at. so hence i would own primarily not , then prb and bmk. 
critique always welcome, and everyone have a good weekend.
private money
Bullboard Posts