Two things. One is that the game for FNC is far from over as 3 holes can't do more than 'tickle' potential deposits. Knowledge gained may allow for hole 4 to hit target.

Second is why Noront is taking more punishment since the big guys knew about this and over past two days it was factored into Noront share price. Even then why an FNC miss should have that much effect on Noront who continues to prove up resources on their much larger claim base puzzels me.

This could end up very positive for Noront since FNC will be a lot more motivated to do a jv with Noront to properly drill their promissing target. Noront has the money and FNC doesn't. Of course somebody else could also make an offer.