From the look of it the Market just doesn't think Noront has the goods. Going to have to wait for new drill season and that means not a lot of recovery until End of Month at earliest.
Evidently Noront just doesn't have the proof required to satisfy the market of their deposits value. Other McFauld lake shares are holding up, sort of, so the interest is still there but Noront's value under question.
Wish I could see a turn around sooner but Noront can't make up results and if that's what the Market wants we have to wait for it.