Hogwash! Noront want to get results out to shareholders and the general Market as soon as they can. The current share price doesn't help Management 'do deals' and Dick Nemis as well as others has a lot more shares than we do he'd like to see worth more money.
If Noront 'right now' had any kind of proof they are sitting on a 50 million tonne chromium deposit of the grade initial drilling turned up our share price would be far North of $10.
Is Noront a buy right now? Certainly and imho even better bet than FWR as they have proved up resources, just not enough yet.
Telling investors Noront has a 50 million tonne chromium deposit or to 'bank on it' is just plain misleading. A forum member can be long and confident Noront will eventually come up with the goods isn't being disloyal or bashing by stating the fact that we just aren't there yet, wish we were but we're not. Could be next week, could be next month but not now. Great bet to place though, $2 gets you $10+ when further proof of size comes down the pipeline.