Noront has found two quality chomite deposits and gained valuable experiance in doing so. Does anyone really think they won't find more?
Think about the huge size of Noront's claims in this area AND they've already proved themselves ready to joint venture on other players claims IF they suspect such a deal would payoff for Noront.
I'm as annoyed as anyone at the current share price and don't like waiting and waiting for sunlight to shine from the 'blue sky'. However it's almost impossible to conceive of Noront failing to prove up more and more value with a corresponding increase in share price.
My personal way of dealing with the frustration is just to put a value on it and add that to what I'd be willing to take for my shares at some point in the future.