Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Noront Resources (NOT VSE) -- Ignore unavailable to you. Want to Upgrade?

To: matt who wrote (94)	8/17/1999 5:59:00 PM
From: Phil Cressman	Read Replies (1) \| Respond to of 128

I believe you're correct in assuming the Inmet drilling is driving the stock price. Since the exchange is going to want answers as to why the price has doubled I'd expect a news release before opening tomorrow. Hard to say what will happen then. My feeling is that Inmet is not going to release info until they finish analysing what they have found and certainly Noront management isn't leaking anything (I've called). My guess is perhaps a small pull back and then if buying interest remains we could see some nice upward movement. That is of course providing they've found some interesting stuff. Remember Noront has one huge pile of property under their control. Expect to see further news releases. Cross you're fingers and maybe September will see us smiling once more (I'm not going to be smiling until we're well over 75 cents by the way)