Of ROF exploration companies, the majority of their stocks (SPQ/KWG/NOT/FNC) have been performing well lately with the exception of PRB which hasn't yet confirmed drilling plan for this year. SPQ/KWG sps have been doubled over a month.
NOT has a great possibility of expanding the inferred resource below the 1,200-metre level to a depth of at least 2,000 metres towards the end of May. Also AT-12 anomaly could bring very good results from the dedicated 5th drill. Bashing activities (or shorting) especially by Anon (unnamed brokers) won't last long to put a lid on it.
I also hold FNC shares. FNC began 3000-metre plus drilling starting last week. This company's McFauld's property is sitting between Noront's Eagle 1/AT12 Ni/Cu deposits and Freewest's Big Daddy/Black Thor Chromite deposits. The C-5 target which is believed to be an offset extension of the Big Daddy and Black Thor chromite deposits while C-1 target is adjacent to AT12 anomaly and located at south-east of Eagle 1. It is believed that there is a very high probability that Eagle 1 has continuity at depth, through C-1, to AT-12. It's first time that FNC put drilling program together to find out what it is really there. Ni? Cu? Chromite? Excellent opportunity to invest in short order.
Last year, I noted that PRB had a great possibility to find Chromite deposits where its property sits between FWR and FWR/KWG/SPQ and Chromite trend continues through PRB property. PRB discovered Chromite deposits and it's sp moved up from $.06 to over $.40 when the drilling results were released.