The new discovery at hole-49 started with a rumour one week before Noront released visual results at the end of June last year.

Again I heard a rumour last week with a slightly different version (hit masive sulfides at a different depth). A number of crews (not only Noront's but also Fancamp's, etc.) are working in that area, the rumour could be spread among them.

Regardless of the validity of the rumour, I would be very surprised if Noront hasn't found nothing in 2000-metre drilling from near hole-49.

Nickels are deposited in a pot, which is tend to open to depth rather than width. Noront drilled to 1,004.1 kilo-metres on hole NOT-09-49 and hit 149.5 metres averaging 2.4 per cent Ni, 1.1 per cent Cu, 1.0 g/t Pt, 5.1 g/t Pd from 796.2 metres to 945.7 metres. So drilling to a depth of at least 2,000 metres will test additional 1,000 metres plus.

The rumour is going around and Anon will probably keep dumping (like the last year's up to July 14th) and eventually get caught. The retail investors will chase after the skyrocketing sp and eventually get stuck too. The history will repeat again.