Some comments by John Embry that may reflect on Noront's SP action of late...

"Lastly, it has been suggested by one of the gold world's most respected voices that the horribly performing junior gold shares are being artificially suppressed. Legendary trader Jim Sinclair has alleged that there is a cabal of hedge funds that are controlling the gold and silver shares from the short side, utilizing extensive naked short selling among other nefarious maneuvers.

Given the odd trading pattern of many of these stocks, I am inclined to agree with Mr. Sinclair. He is trying to organise a chamber of mines, comprising the junior producers as well as the exploration and development companies in an attempt to combat the influence of the hedge funds. I totally endorse this, and if the initiative is successful, it could have a salutory impact in this sector, particularly in the event of a sharply rising gold price."

Click on the link below for the full article.

http://www.sprott.com/pdf/investorsd...