Dick Nemis uses the word Blue Sky about Noront which we can take to mean no storm clouds and endless possiblites. Blue Sky is $40 a share or more.
Of course this entails expanding upon DE 1 and turning up DE 2, 3 etc.. Yeah there is risk involved and the market can be brutal if there is any hint of not deliverying on expectations.
Blue Sky means several months of field work both at DE and Windfall and getting the right results.
So why the rain? It's what you pay for huge speculative upside since people expect to get rich now or tomorrow and not in 3 or 4 months. Greed pure and simple.
Our share price can and likely will move higher over next two weeks as the results from last seasons drilling come in but don't expect major recovery or explosive behaviour until DE 2 is found OR extention to DE 1
We have to live with share price fluctuation in order to benefit when it turns and runs the other way which will be even faster than the trip down.