Given the current share price and on going winter drill program which no other player can match you have to figure Noront is a good maybe even great short term play. Some argument at present if FWR isn't that bit 'hotter' for short term as news from them is expected prior to getting Noront news.

Mid to long term Noront is both safer bet and potentially one with bigger payoff because they have a war chest others dream about and with that money and number of drills turning they should be able to get more news and define more deposits than anyone else given their huge claim base.

Consider however that this is the exploration business and full of surprises. E1 was a surprise and who would of thought FWR with their relatively small claim base would have come up with what they have.