I reiterate, bashers, short sells, evil hedge fund managers who think we should get into the railroad business will not be able to stop Noront from achieving a share price of $3.33 in the next two weeks. (No news required)
Money is one thing and one thing only! - SMART... Arbitrages exist seldomly in finance anymore - but in the TSX.V exchange there are opportunites... You can see this in the three days it took for the market to react to big news that Noront had last year (other exchanges this settling occurs in minutes). Trust the market! Even in this seemingly messed up and crooked environment.
Noront at it's current market price is beneith its worst case value by $.70 per share. Anyone shorting this stock right now will get slaughtered. And the longs will finally get to dance in their blood... I know that is a sick image but - if you are that stupid to be shorting this stock at this level you are a moron.
I can not speak for when we will go higher then this price per share - it may take 6 months to get back to $5.00 but at any price below $3.33 know you are stealing money from some chump that was dumb enough to sell...