Although Noront has secured about 85% of the claimes in the ROF, there is still some nearby property that stands in the way of Noront being the only player.

At $0.24, there is nothing moving this forward to production.  Perhaps RCF is content with gaining extra shares at this low price, but it leaves Noront in a vulnerable position if a big player decides to move in.

For example:

Suppose a company like CIA...earning tons of cash...familiar with FNC and the ROF... decides to make a move to get into the Ring.  They buy out FNC and KWG and advance those chrome properties ahead of NOT.  An alternative would be to buy out Probes 100% owned property where there is a 43-101 for their chrome deposit as well.  Either of these moves would meet any potential demand for the next 10 years or so....leaving Noront to mine the nickel only.

So far, it's looking like a N/S road or rail....which matter has not yet been settled in the courts...between KWG and Cliff's old claims.  A big player could complicate this matter greatly.

Regardless....Noront needs to position itself to take out any potential competitors....for the Chrome especially....or risk a bigger player moving in to make the first move on mining Chrome.  And when I say position itself....they need to take the brakes off any upward movement in the stock so that they can themselves take a run at the remaining players...KWG, FNC, PRB....before this gets complicated.