Here we go again bouncing off the bottom...the general market sentiment and the slowing of news, albeit great news, seems to have created a gleeful atmosphere for extreme volatility in the stock price. I think its one of those situations that happens to many "good" stocks at any time of their develoment. We all have to accept that and either bite the retraction in price with firm commitment in a stronger run down the road, or we shouldn't likely be here to complain now. I think we have both kinds of posters in this forum right now. I hope the confident ones can win over the doubting Thomas'. I for one can't feel anything less than ecstatic at the last news release (which for the most part is the echoing of RN when he speaks with us). I'm guessing that Hole 27 no matter how good will not be moving the price much either.

Remember that whatever slips through to us news wise is now slipping through to everyone playing the stock. I have the feeling that RN needs to shut down any media (including personal input to shareholders) until the News Release comes out. He'll then have a better chance of creating the impact each good report brings. Until something is done we will likely bottom bounce for a while, likely spring. It just seems the price is totally controlled and we haven't the power to release the grip.

For those that bought at higher rates...stay the course...this is too good not to move up eventually. For those who are making good profits from buying in at pennies...it would surprise me that many of you have your original holdings..not of course to say you don't have some holdings remaining in NOT. I expect a small few of the more original shareholders may even hold their entire NOT portfolio still...and to them I say congratulations on maintaining the strongest of fortitude.

The final impression: The winter months are sometimes a blessing to drillers as they can move out to areas they couldn't reach in warmer months. The winter is also however harder on machinery, the labour and can create long delays of various sorts.

Conclusion: The winter is here and the climate is no doubt close to inhabitable in the James Bay area. Despite that Noront is moving forward. We are about to enter into a phase where Noront should be providing news releases on additional anomolies in the James Bay area (DE) and they should be providing updates on the quantity and quality of gold at Windfall (at the completion of the ramping). This stock is in idle mode right now...very easy to take advantage of and play as a trader....for the investor...the long...hold tight and the reward will come...the reward the traders will likely never see.

Holding long...holding strong

MM