First and likely the biggest, certainly the latest, trouble for our share price was the crushing world wide sell off of commodities. BAM lost a dollar.
Delays in getting assays and a handle on economic ore body in ROF be it Nickel or Chromite another cause for slippage.
Windfall maybe nobody but we care about but surely by now we should have some initial assays from underground access to two zones.
Here comes the history and yes the market holds this against Noront. All the news and talk of 'Blue Sky' pointed to Eagle 1 being much MUCH larger than it proved to be. Yeah I believe this was a known fact by management and insiders well before the 43-101.
When the 43-101 hit it was all downhill for our share price and we've yet to reverse the trend.
No question Noront has the claims and people to pull a lot more rabbits (E1's) out of the hat but while comforting that doesn't make up for the thousands of dollars a lot of investors see as a loss both actual as well as on paper. For some of our still positive forum members you can make that 100's of thousands.
I do expect everyone will hear some plain talking and rational plans outlined at the annual meeting. Maybe some information before then to prepares us for the meeting.
Tough it out because Noront could still move from $1 to $10 in a matter of days even in todays Market climate. Most of us would be quite happy with $5 after the buising taken but more is not impossible and maybe not unlikely.