What a nice change it is to be calmer and see longs recover some, if not all, of their paper losses. Noront and BMK continue to have higher trading volumes and prices. My feeling this is partially, maybe mostly, recovery from being way oversold due to US troubles. However indications are that news release will be coming out soon and that could cause people to load up today in anticipation.

If we get release today from Noront it should be good to explosive and BMK which isn't expected until next week should be indicative of continued success in finding decent but not spectacular mineralization.

NOT has two drills turning on a known ore body and that puts them in the drivers seat once again. If they release spectacular, they've done this before, results every single player in McFauld will bump 20 to 30% in a day.

Downside is there but the worst seems to be over and cooler heads involved in trading. Personally as a long holder I don't plan on trying to day trade Noront but if I did it would be to buy today and sell Monday as price seems set to increase over a few days not just one.