My feeling is that the lower closing price was not unusual as there are some traders who didn't want to hold over the weekend. Earlier in the day the market price of just about all the players was considerably stronger.

Not sure why but we often seem to see stronger buying in the first 4 or 5 hours of trading and then run out of steam and traders jump in forcing the price down. Of course in a powerful surge due to new information all bets are off as buying continues to force prices higher for a number days on much higher volume.

While it wasn't bad volume for Noront today it sure wasn't great, especially the last few hours when market price dropped.

What is in store when assays and maybe drill visuals come out? It's hard for me to see a sell off as the price already is down far more than seems reasonable given the very real results on DE1 and good indications on DE2. Of course it depends a lot on what results are given us and how it affects the markets understanding of Noronts current value. I'm not sure we need much more than average good indications to recover some lost ground in share pricing. This is a huge exploration play and just maybe the Market and Analysts once reassured of fundamental values by good indications will provide support for share pricing beyond what we now see.

Of course anything exceptional from the assays in particular but also visuals on last months drilling would blow the lid off.