Canadian dollar continues to fall against US Dollar and now just over 90 cents US gets you C$1 . This is good for Canadian manufacturers but the drop is due to lowered expectations for Canadian economy on the whole and resource sectors we rely on for exports.

Shake out continues on senior market exchanges and certainly time for a tranquilizer or two.

At the level Noront has been beaten down to it's hard to see what else we can be hit with to take us down further. Unfortunately there just aren't buyers available to form any kind of support and we're relying on sellers to exercise restraint.

If this doesn't let up maybe Noront should spend 10 million and buy back shares? Personally I'd rather they drill up another 200 million dollars worth of nickel/gold/platinum/chomite but at todays price Noront is a hell of an investment for anybody with cash on hand.