noront just issued a news release to say nothing has happened. meanwhile 15x normal volume traded today, and the area plays (fnc,bmk) are flying too. i think someone must know something:

Noront Resources announces no material change

TORONTO, July 15 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT - News) announced today that there are no corporate developments or undisclosed material changes involving the Corporation to account for its recent rise in stock price. Noront released an Exploration Update on June 29, 2009 http://www.norontresources.com/News/Release/147 outlining the current status on drilling at its Eagle One high-grade nickel, copper, PGM discovery. As discussed in that press release, all outstanding assays on Eagle One are pending and will be released when compiled.

http://finance.yahoo.com/news/Noront-Resources-announces-no-cnw-315765397.html?x=0&.v=1