How the Market reacts to positive news is always different from what I seem to expect however in the case of Noront I hope it works a bit differently. We have seen a steady retreat, on fairly low volume, of share pricing back to valuing ONLY DE! deposit and a low valuation at that.

The Market appears to be uneasy about DE2/DE3 and not ready to put true value of PGM's found in DE1 into share price. So if Noront is able to put out enough information to support a value for PGM's as well as reinforce that indeed DE2 has been found and is valuable we'll see immediate return to over $5.

What isn't certain is how much solid information the market requires to take share price over $6 and even better for us all over $7. Maybe the news release expected today will be lacking some results Nemis would have liked to have had but it's likely there will be enough to put a stop to price slide, imho.