I look at the chart and performance of other Rof Stocks like Fnc, probe, spq,kwg and come to the conclusion that over the last few months Noront has been the WORST performer of the group. (no Different from last May where we were also in last place.)
Let's look at Fnc for instance. The blockade, this recent meltdown, etc has also affected FNC. But, it is down a mere 16% compared to Noront that has lost 50%. Peter has spent much much less money. No Big high priced promos, no big shows, no big analyst fly-ins.
Oh, I forgot something. Fnc does not have the BIG institutional owership that Noront has. The management owns a big chunk of the shares.
Many have posted that things were better in the "Richard Nemis days."
Back in those days there was LESS institutional owership. Wes, if you're really trying to get your share price up, perhaps try harder to get back the support of Retail. Send two plane loads of retail to the Noront site, the share price might hold up better.
Perhaps the most recent PP for 15 million should have been advertised Retail only. Hedge funds need not apply.