I've never been a fan of the conspiracy theories of market manipulation by market makers but the way Noront's share price is behaving today makes me wonder if I'm wrong.
Market pressure from those that feel the current price is a bit high for what they've proven up can justify pressure down to $4.50 but below that level and I start to wonder.
I really do believe that Noront's other properties and opportunities are likely worth $1 a share. That means, at present, the very rich DE strike is only valued at $3.50 which seems light considering they actually are deliniating an ore body and have a huge package of property in the 'ring of fire'. Seems a bit odd that the market isn't hammering other area plays who haven't yet found commercial ore bodies and taking NOT so low.