A lot of us feel Noront is way undervalued currently and at this price there are bargain hunters picking up what they can afford. Given past history there seems no reason why at any time the price can't run to $1.20 just on fundamentals. Now staying there and moving higher is going to depend upon drill and assay results OR some kind of jv deal with a 'major'.

Even an excellent drill/assay result from another company in the ROF could immediately move Noront higher by pointing towards 'economic' mining camp status.

So Noront is interesting for short term investors looking for a fast buck and still has a lot of potential for we tired and concerned long investors. The slowly improving world economic situation doesn't hurt either.