Over 3/4 of a million shares traded before noon and no sign of a letup in demand.
Surely there are day traders piling in to make a buck on this move BUT past two weeks trading has been too good not to be fueled by some indication of exploration success on the part of Noront.
Retail investors are certainly out of the loop when it comes to 'rumours' but it seems other juniors in the ROF are sending out signals that Noront is making some good progress and news when it comes will be positive.
It might be tempting to cash in some shares during a heavy trading day but if positive news is released the volume of trading we're seeing will look puny compared to what will happen.
Why take a 10 cent profit when a dollar could be around the corner?