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


To: Michael Dawson who wrote (68)6/1/1998 7:07:00 PM
From: Phil Cressman  Respond to of 128
 
Time to bail would have been a few weeks ago. The whole resource market is in terrible shape and with gold well under US$300 I guess it's no wonder. IF? Noront is sitting on some good news then they may be smarter than us since nothing has any effect on market prices in these days. ie. QTR renewed option to Barrick + option more property to them which results in Barrick spending big bucks to explore and prove up any finds, resulting in a share price drop. In other days this would have bounced share price up 20%. Too many good exploration companies with cash and excellent properties trading at or near year lows (this years low is really low).



To: Michael Dawson who wrote (68)6/1/1998 10:02:00 PM
From: Odin  Respond to of 128
 
Michael

Bought a little bit more.

Harry



To: Michael Dawson who wrote (68)10/13/1998 1:12:00 PM
From: Odin  Read Replies (1) | Respond to of 128
 
hi michael

have done a little dd on noront.might still be of interest to you.
the way i see it the management of noront has been uncharacteristically quiet about their diamond drill program currently underway on windfall lake urban twp,were they earlier made a significant gold discovery.
1.02 oz au per tonne uncut over a width of 31 feet.
rumour has it that recent drilling has encountered significant widths of massive sulphides.i think that management is keeping low due to market conditions,but if rumours are correct this could be a significant new gold discovery in quebec.management has been quietly buying on dips and i am still adding to my position
i am very confident about this project

hope it is of some help
regards harry