PW you are bang on. Why sell now?
If we all hold our shares close to our chests, it will only drive prices further up...simply supply versus demand....and there will be plenty of demand. Can you imagine when we move north of $10 and make our appearance on the TSX? Let the real big money roll in as Mutual fund managers add Noront to their portfolios.
Its always prudent to take some money off of the table, but with $5 more or less guaranteed (prior to today's announcement), what is the real risk here? Now that the entire area has been proven up, adding further to our portfolios isn't that bad of an idea...why would anyone sell at this point in the game?
A couple of weeks ago when we saw the run up from $4.00 to $5.00, it was the first indication that news had leaked and that Noront had found Eagle 2. Only if my bonus was paid out then. Oh well, can't complain at all. This stock has been rewarding for both myself and my family and will continue to be until it is bought out by a major.
With the PDAC this weekend, RN knew exactly what he was doing. Releasing news of this magnitude will have the entire industry talking about Noront. Don't be surprised if we have another one or two announcements before the week is up. Let the dog and pony show begin.
Poor Shorts are really going to feel the pain tomorrow.
One last thing before I hang up for the night, the press release should have read "The Eagle 2 has taken flight"...by no means has it landed, it has just left the nest :-)
As I have been saying for a long time, this stock will be TOOHOTTOHANDLE!!!!
Congratulations to all NOT longs!