Great to see you in this one MMN. I too got in on the advice of another. After doing the DD, I see the shortterm down risk at about 50% but unlimited upside if the plat numbers come out strong from the summer drill program.
With all the attention our NOT has received over the past two months, any company that even mentions James Bay in their NR is going up. To see NRN with a lot of land to the East of the large play find that Noront has announced is the reason I bought in.
Might turn out to be a dud until a future drilling season, or it could hit big next week. Like Noront, I believe patience is required as they properties look to be solid.
I will be holding long as there are two signs I like. One is that the JV with the major who is spending the $6M. The other is Sprott's investment which I read is now at about 20%. They are no dummies.
Look forward to hearing more from you,
M1.