Noront has the drills and the money to find that 'mother lode' if it's on their property AND taking out some insurance by way of the jv with WSR in case they have some could be of enormous benefit.
Today's low volume seems to indicate only 'smart money' knows, or think they know, what Noront is now proving up and smart money doesn't pay one cent more than they have to for shares. It may take news from Noront to bring in the unbelievers or undecided but for any kind of volume today it's going to take buyers willing to pay a lot more than currently bid, a lot more imho.
Can't you just image the pressure in the Noront Office? So much pending and up in the air that they must be a bit frazzled.