I would like to offer the following for consideration. All comments contained herein, assume a long-term efficient market system.

Lets examine what "we", i.e. NOT 's investors, including management, can control to increase/influence SH value:

(1) Increase tonnage, hopefully at similar grades, by continued exploration

(2)Reduce risk by "farming out" lower priority properties in J/V's with other parties

(3)Actively promote the company's upside potential to new investors

(4)Ensure that sufficient, "low cost"  funds are available to maintain exploration at current or higher levels

In combination, all of the above, will help the market place a value on NOT. 

Now, lets examine what "we" can't control or predict with any certainty:

(1) Commodity prices

(2) The maximum value which would-be takeover suitors would be prepared to pay in an open bidding contest

(3)External threats to the overall markets by factors such as recessions, interest rates, currency rates, etc

Pretty complicated! On a daily/weekly/monthly basis with speculators, shorts, etc even more unpredictable. Thats why I'm in for the long term.