Good Nickel and good Copper and great PGM's but only on a few holes which actually is about par for the course at E1. It's a tough deposit to figure out.
The concerns raised have more to do which guess as to what the Market expected to hear after the huge promise raised by Hole 49. Maybe expections where too high but that doesn't mean in the short term Noront share price won't come under pressure.
There is always the 'sell on news' factor to consider and unless some of those big bad brokers step in with some serious support tomorrow and maybe the rest of this week won't be pretty. This too will pass as market reflection should turn and recognize a rich and yeah maybe 'the real thing' is being defined, just not as fast as some would like.