Can't see it going that low because the value proved up already, imho, justifies higher market cap than $4.35 especially with the potential upside from drilling Eagle II. 

My feeling is there are too many big players with Noront on their radar who would step in and pick up additional between $4.50 and $4.75 even if they had there pockets full. Bit worrying that they were not evident when the dip came this afternoon but darn few shares traded below $5 compared to the quantity trading above $5.

I'll dump some other positions to buy more Noront at those suggested support levels and I bet that I'm not the only one who would.