YES it does kind of make sense for a guess. There has been no rumour circulating that I know of and buying seems to be coming from all over the place with no one major buyer.
It does show what an injection of optomism can do to share price of these juniors. It's awfully close to the time for BMK to release assay results and we know Noront has to have some visuals on drill cores to report.
It would be very nice to see BMK report on visual examination of core samples but that's something they don't have to do and don't seem willing to do. I believe Noront was asked to do so because their mineralization was so rich it became material information.