Glorieux - Glad you liked that Mineweb article. I guess I should have expounded a little on my purpose in posting the article. There have been rumours going around that the substantial rise in Noront's stock price on Monday and Tuesday (going from a low of $0.47 Monday morning, to a high of $0.75 Tues. afternoon - a 60% gain in two days) was due to an expected press release of some new hit (either of a new anomaly or of a good hit deeper at Eagle 1, etc.), or of some other good news.

My point in posting the article was that the price increase might not necessarily be a result of a leak of some soon-to-be-released additional good news. It might simply be some investors (whether wealthy "retail" investors or fund managers) who have been sitting on the sidelines with cash (having sold off their other investments) and waiting for the "dust to settle" (i.e., a sense of bottoming), and then are cherry-picking the most promising explorers and junior miners in which to re-deploy their capital.

There are other juniors, on the Venture Exchange like us, who have seen some significant gains recently. The author of the article believes this is due to the bottoming of the stock price of most miners and explorers in October, the sense of bottoming being felt by investors, the recognition of the oversold and undervalued condition of some of these stocks, and therefore the redeployment of investment capital to pick up the "best of the best" of these undervalued juniors.

I think the byline the author uses for the article probably sums up best the significance of the article for Noront shareholders: "Big rises from mining stock price bottoms, a resurgence in M&A activity, and an indication that finance may be becoming available again may make the mining sector 'shake-out survivors' much stronger than before." For those of you who have not read this encouraging article, click on the link below:

http://www.mineweb.com/mineweb/view/...