If Noront drilled 9 holes and all they could report as visuals was "thick (30m) horizon of coarse-grained, sulphide-mineralized ultramafic intrusive rock intersected in diamond drill hole V08-27" the market would just shrug.

Noront has had far far more interesting drill results away from DE1 and look where we are as far as market pricing goes.

It's nice, of course, to start seeing positive results in the ROF but smart money should stay with Noront.

Guess this was indeed the 'rumour' and correct but nothing spectacular.