I'll agree with most of what you're saying but tax selling isn't the answer to recent activity in McFauld Lake players. That seems to be either a total lack of interest or just possibly a lack of confidence in this as a potentially enormous 'Area Play'.

Even below $5 the buyers are lining up for Noront and support seems to be pulling back in expectation of lower share price. Still no one in right mind would short the stock as news could come at any time to change the market around.