Only one major point you make which I take exception to and that is 'Noront is no longer a speculative stock'.

Since no official release has been make of even an inferred reserve study and an enormous amount of drilling is planned to find out exactly what else is sitting within Noront's claims it certain is a speculative stock.

At current prices the downside is minimal compared to the speculative upside. However it's not as if Noront is clipping coupons or enjoying cash flow from mining operations. Noront is still a junior exploration company with a long road to travel before changing their spots.

Like you and many others I believe Noront is a screaming buy at current prices and right up to $5 but over that will require more drill/assay results and idea of some tonnage and average grade.