More and more I'm coming to believe that Noront management cares little about the market share price. The majority ownership is firmly in the hands of the 'big boys' who averaged down their costs and now are sitting back waiting for results required to sell out the company to a major.

There is no way those 'big boys' can unload the huge number of shares they have into the market and get what they need. They are working towards a sale and week to week or month to month market price is of little concern to them since they don't need to raise any more money.

The only way to view Noront is as hugely undervalued with the likelyhood it will stay that way until a major comes in with an offer. Hang on and eventually, along with the 'big boys' you'll make a very good return on investment.

Expecting to make big money fast on news isn't the way Noront wants to play the game. Tough on we 'retail investors' who want to see steady market price increase and not the tough trading we get hit with but it's 'no pain - no gain' and I'll just 'suck it up' and hang on for the 'big score'.