The point for new investors coming in, after we hope some due dilligence, is that the Noront story is indeed in the early stage. Yes the price is much higher than one year ago but is more than justified given the results of exploration (and cash in the bank).

The current price doesn't have a huge speculative premium built in and will move higher as the market get comfortable with what Noront has found and gives at least some value to what they've been finding.

There are few stocks around which are capable of doubling in value within a year. Leaving out a lot of Blue Sky surprise finds (like DE1) and Noront can still easily double.