Market reacted fairly strongly initially then the sellers cashed in.  Several people were anticipating this news and wanted to get out at a decent profit (many bought in the 20-30 cent range).  The timeline is still about 5 years before we actually see some metal come out of the ground (2022) but what this announcement did was put a floor on the share price.

In most cases, a major will come in and buy out the junior exploration company, so my prediction is over the next year, a major will take out NorOnt once or get involved in the financing and take a large equity stake.  Our SP will rise a over the next 2 days, then settle down into a trading range as the hype calms down.  Then we should start to see a few pops here and there as events start to unfold.

I have a target price of $1.45 which I believe is a fair T/Over price for my shares.  Not selling for anything less or else holding on until the mines go into production 5 years from now.