What perhaps is up is what most of us have always believed. Noront was horribly undervalued with suspicion of manipulation taking us down so fast and far.
My honest belief is that the private placement should have been done at a minimum of $2 a share which would still have been a tremendous steal. Options ditto.
For Noront to recover back over $1 in short term doesn't make me sad but sure isn't where it reflects fair value for what they have in hand and in progress.
This move perhaps indicates some loose lips letting out of the bag some of the results or potential we're still waiting to hear about. Darn funny to see such a fast move without any reason and on good volume.