I agree that the market is greeting with a yawn Noront's wonderful chromite news. As I write this at noon, Noront's price is $3.19, and the volume so far today is only 131,000 shares.
Why the lack of interest? I'd say it is at least partly a lack of a credible, non-statistical narrative that would make Noront's chromite discoveries understandable to most institutional and retail investors.
As N.N. Taub, the author of The Black Swan said: "The narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them... Explanations bind facts together. They make them all the more easily remembered; they help them make more sense. (page 64)."
Our best posters on this forum have not yet agreed on a narrative explaining the potential value of the chromite discoveries. So how can we expect the less-well-informed investors/speculators to have done so?
I believe we are too early in the game for the narrative to be told. We need much more drilling, assay results, interpretation of the assays, 43-101 reports (plural), etc., before the "market" will understand what is going on with Noront. But it is only a matter of time, perhaps a year or more, before that happens.
In the meantime, take advantage of your own knowledge about Noront. Make up your own narrative based on your own DD.
If you see it as a one-in-a-lifetime opportunity, as I do, then act on it now. And then wait for the "market" to catch up with you.
REK