Not badly thought out but there are good reasons why Noront, for example, is under $5 a share when some of the wild speculation on this boards indicates huge share price in the future.

#1 None of the juniors in this area play, even if they join together could possibly raise the kind of money to advance to actual mine production. Just don't have the money, connections or expertise.

#2 So far the area, which is huge, looks to embody a large number of 'stringers' or 'pods' of mineralization. Some with silver, gold,chromium, nickle, zinc, copper and platinum group metals. Hell maybe even diamonds. But it's not one big deposit and as yet no one knows how many economic small zones will be found. At the moment none other than Noronts DE have been found.

#3 Voisey Bay made a ton of money for the juniors that locked it up but Noront and a lot of other Juniors who staked or jv'd in that area came up with NOTHING.

#4 Probe actually drilled 11 holes on DE and turned the property back to Noront when nothing economic found. Another indication that finding economic mineralization isn't easy.

#5 Current market capitalization of Noront (125 million shares, incl. warrants) is 500 million which is substantial and likely 400 million of this is due to DE find. Have to show either more insitu ore value or another deposit to move this market value any higher.

#6 Markets are fairly efficient at valuing companies (with large speculative volotility due to greed or manipulation exceptions). This means give your head a shake if you think your shares are currently worth $10

#7 Volotility: Drilling will result in a lot of dud holes and uneconomic mineralization. That's just the way it has historically been and no reason to believe it will be different just because a lot of geologists are involved. Day traders will love this but it sure shakes up the long holders. Likely lots of opportunity to buy into company on dips so no rush to buy at any particular time.

**Noront remains however the one must own junior exploration company in Canada at the moment. They do have a spectacularly rich find and lots of claims. They have money to follow thru with exploration AND some other 'irons in the fire'. Just don't expect it going to new highs without actual drill results to support it.