We are close to the bottom. The in situ value is worth at least $3, so I'll call that the bottom. So what if we are bouncing along the bottom? The potential of this stock is excellent. If all of my stocks had this kind of potential, I would be ecstatic.

I bought NORONT twelve months ago when the glory hole was released. Now I am tickled to own it. The upside for Noront is better now than it has ever been.

Anyone bad mouthing Noront at $4 is missing a great ride. Get on board. This is going to be fun. Bring on the next NR!

After all of that enthusiasm, let's get realistic. We may be looking at less than the 7 million tons at DE1 that was recently reported by Noront's Investment Advisor (are they liable???). If that's the case we could be in for a period of waiting. I don't mind, I'm a patient investor.

However, I have a hunch that all of the drilling on the Ring will lead to speculation and drive Noront's stock higher. That is, if the results keep finding nickel and pgm's.

Last week I finally jumped in and bought MacDonald and Spider. I figured at these low prices, I better get positioned on the Ring. It doesn't look like Noront is going to be a one trick poney. Or, at least I don't want to regret it if some of these other companies make a major discovery. Remember, the King is never found first.