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.

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Norra Metals Corp

Bullboard Posts

Comment by carterZ21on Oct 13, 2012 12:58pm

390 Views

Post# 20480824

RE: RE: RE: RE: RE: RE: scenario

Hi Chuck/Milly,

Looking at the share price movements as of late it seems we are in a drifting pattern. No news, no catalyst, light volume and to top it all off the POS has been hading lower. IMHO, it appears that only four catalysts can help us move appreciably higher:

1 A takeover offer (obviously);

2. Analyst upgrade;

3. A sharp move upwards in the POS;

4. A major move upward in the overall market carrying all sectors.

The market is clearly aware, based on the company's releases, that the next substantive news release will be the revised PEA in Q1 2013. I'm not expecting much in tems of upward share price movement until then (except for one of the four factors occuring above). I just hope we get a floor of support to stem the share price meltdown as of late. I would hate to see us back to the low $1.00 level heading into Q1 2013.

GLTA longs

Carter

Bullboard Posts

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