We also have to, during selling pressure, look at the overall US Market as often this spills over onto us. Today the US Market is down a lot even though US currency is gaining back a bit against C$.
Back on the ranch we can guess that Noront is a week or so away from giving us confirmation of high value of those two 'deep' drill cores at the lab and peeks at what's been coming out of the ground since the visuals on those were released. MM's and 'Big Boys' aren't stupid and will try to buy cheap shares as long as they can before favourable exploration results can turn things around.
We should remember that locating 'deep' deposits is both hard to do and expensive to prove up. Noront did the impossible finding DE1 and now doing the same with DE2.
There is a positive side to finding of 'deep' deposit structures in that Noront has the money required to prove them up. Probe, FNC and others 'might' have 'targets' that Noront would be interested in doing a jv on. We know FNC and Noront had a few discussions early on and just maybe when FNC realize the cost of deep drilling they might be inclined to share the cost by way of a jv . Certainly recent Noront finds 'Ups the Ante' for explorers.