High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"

NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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Re: Today's Market Action...

posted on Oct 11, 07 03:53PM

My opinion is that you're specultating at this point with the good but limited drill results in. Fortunately Noront has some other nice irons in the fire so downside can be limited by results from them.

Your real advantage is that this stock is so volitile at the moment that upside is pretty nice to contemplate. Likely higher than the downside risk. Guess at this point, could go to $5 within 2 weeks or could drop back to $3.30 maybe even $3 (I doubt). More upside profit than downside risk?

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