Contrary to what posters on the Noront board believe it's not crazy to spread the risk when playing junior mining companies and a mining play. When the smoke finally clears not all players will be winners. Mind you successful trading is often done before the smoke clears.

Do take a look at the market cap based on share price because it will indeed make a difference as to how the market prices a stock. Yes FNC, FWR and PRB have all seen substantial gains and since none have proven up resources it's all speculative. However should they hit economic mineralization the value of what they find will be spread over fewer shares.

Noront has a lot of shares and warrants outstanding and with share price hovering around $7 it makes for a market cap close to a billion dollars. That is a lot of money and requires a lot of mineral value to support. At the moment the value of their found mineralization IS NOT ESTABLISHED. The fact that they have found a rich deposit is not disputed but until resource estimate is tabled nobody knows it's value which makes Noront very speculative.

I've owned FWR and PRB but took profits and currently hold only Noront and FNC both of which have legs left to run higher. Would I sell both NOT and FNC if they run up to my target price in short term? Darn right because there will be opportunities to buy and sell all four companies over the next month or two on selling pressure.  Would I buy back FWR and PRB at higher than I sold them a while ago? Sure because the situation today isn't what it was when I sold and profit from holding and trading those shares is possible. Yesterday I tried to do just that but couldn't get my bid met.

Try not to get suckered in to paying more than you have to for any of these shares, there is movement every day so stick to the bid you feel justified if a profit is to be made. If you don't get the shares tomorrow will be another opportunity or one of the other share prices might fall into your hands at target price.