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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 26, 2012 9:51am
285 Views
Post# 20415191

RE: RE: RE: Buyout before Conference Call? Anythin

RE: RE: RE: Buyout before Conference Call? Anythin

Hey Milsy,

 

The trading in OK as of late has been surprising to say the least. We released a positive Resource Estimate last Thursday, the last four trading sessions have resulted in over a million shares traded each day, and 3 out of the 4 trading sessions had the share price end lower, including ther day of the positive news release. I haven't followed trading very closely but have noted some quick intra-day moves down, such as in yesterday's trading session. There doesn't appear to be any reasonable explanation for the sell down other than some firms seem eager to drive the price down. I would be curious to learn if the moves down are on board lot trades  at the direction of some algo. The POS hasn't backed off much, the RE is positive, initial research comments from McCoach and others (as posted by Smoker.....thank's to you Smoker) are positive, Cope interviews prior to the release indicate 4 serious parties kicking the tires, others small caps such as Silvercrest haven't sold off heavily lately.....what gives ? Maybe it is speculators that are dumping the stock figuring there will be a void of news between now and the PEA in Q1 2013, hence no reason to hold.

 

In any event, the Conference call should be a positive catalyst or a floor for the stock moviung forward. 

 

Keep the faith...sorry for the venting...

 

GLTA longs

 

Carter

Bullboard Posts