NOT wanting to sound too optimistic, I do think $10.00 will be a distant memory by the time Noront has/may do a new PP financing.
Remember that this is November in the Big Markets and many Novembers are good and some are not. Each in spite of fundamentaly in the Big Markets. What we are experiencing in the Big Markets is very much a clasic shake out. The Subprime/credit crunch was well known over a year ago and current market action, in my opinion is just a big shake out opportunity for big boys and others who have been carefull by not allowing them selves to be over extended.
Otherwise, I am getting just a little tired of watching it. Wishing I had more cash on hand!
Old Joe