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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 carterZ21on Sep 22, 2012 12:29pm
239 Views
Post# 20400564

RE: RE: Triple Witching!

RE: RE: Triple Witching!

Hi drnols,

 

If I'm not mistaken, I believe another poster commented that the Triple Witching effect was more in regards to a large investor rebalancing their portfolio and requiring funds to do so, hence exiting one position (OK) in favour of covering a short or adding a long position in another equity which tends to occur at Triple Witching. I can't imagine any OK specific reason as to why an ITG account would want to unload such a large amount of OK stock during the market-on-close particularly when considering the release of Thursday, etc. It certainly demonstrates that the account needed to unload by the close of Friday however not for company reasons associated to OK IMHO.

 

GLTA longs

 

Carter

Bullboard Posts