OK, I can agree with your comments even though a number of forum members have indeed 'bet the farm' and might strongly disagree.
At $5 it's not a free ticket as all investments carry unknown risks as was shown by recent huge dip and recovery caused primarily by outside market forces and not Noront specific.
However at $5 with firm bottom above $4 the downside risk seems acceptable especial when considering both short term (day traders) and long term investors. Short term sharp increase likely due to both news from Noront as well as other Juniors exploring this area.
My guess is, without anything spectacular happening, there will be trading opportunities to make 10 to 20% by buying/selling in next 30 days. Over a 3 month to 6 month period it's almost impossible to call because it depends exactly what can be found could be astronomic or could be about where we are now but losing much on speculative investment because of a 3 or 4 mth hold seems unlikely.
I'll also agree that at $6 or $7 the risk becomes higher, unless of course a DE 2 or expanded DE 1 is handed us. Depending upon news Noront or others put out letting go of some shares may or maynot be a good idea for some.