While I agree selling at $6 or $7 could be a mistake it will be because the value of Noront AFTER receiving confirmation of current exploration will potentially be much higher than this.

That doesn't change the fact that right now before receiving news and confirmation of deposits the share value it's kind of pushing it to put a value much higher than $5.

Certainly to most of us $3.20 is ridiculously low but valid questions about size and economic value of McFauld Lake properties are still to be answered. Maybe it's not a fair value given Noront's prospects but given general market conditions it's going to be hard to get above $4 without some solid news confirming that it's going to be a huge and valuable deposit when the dust settles.