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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

Bullboard Posts
Comment by YeOldGoldNuggeton Jul 25, 2011 10:51am
408 Views
Post# 18868389

RE: RE: RE: PAA no trust in them

RE: RE: RE: PAA no trust in themI would too if I was invested in PAA.

That $32 is indeed a very heavy resistance.

Also, just saw an article :
https://www.marketintelligencecenter.com/analyfav/1289222


which claims the presence of bullish technicals for PAA.

Hm? The chart ain't negative but bullish technicals? I'd say the chart is turning ugly again so any bullish technicals that were present could soon be gone with the wind.

MACD is turning down at the moment, volume is coming down to a screeching halt and ADX shows force of down-moves is again on the way up.

So, from what I can see now I'd say this one is heading back down again.

With things looking the way they are I wouldn't want to have my OK shares turned into PAA shares when a buy-out or take over comes. I'd much rather prefer for Orko to keep the 45% and keep my Orko shares.

If not I wouldn't hold PAA shares and would probably sell them immediately.

YeOl
Bullboard Posts