While the participants in the pp who then exercised warrants don't have a perfect score in picking investments they do only invest when they see the potential for 'SERIOUS' returns. They know some investments won't pan out.

Now I'm not party to their 'rule of thumb' and perhaps another forum member does have this information. However it's reasonable to assume they look for Minimum of double within one year WITH potential to return 5 times investment anything beyond considered 'gravy'.

So how hot is DE1 and their holdings in James Bay? Enough for savy investors to figure shares could be trading at $20 to $25 later this year.

Rich finds of more mineralization certainly is expected to be found during the current drill period and smart money is figuring the odds are in Noront's favour. Scares we retail investors since we sometimes think things working out gradually with finds being added to finds when in fact it may just take a hit on one more rich ore body to set things up right.

Noront has drills in place and turning while the Geologists gain more and more understanding of area mineralization. My opinion is that one day during the next few months one or more of those drills are going to hit the deposit dreams are made of.