"To the contrary the price simply rose to just 3 cents over Thursday's close and it is still too low with both price and volume to add fuel to hostile bid rumor"

I would agree with this. At the same time, I don't know why so many assume that it is CLF that will be making the initial foray after NOT. The fact that the NOT's sp has been sat on for some time in spite of it's potential and land size with those doing the sitting apparently hiding behind Jit. and Anon. indicates that something is lurking in the dark waiting until it suits their timing and interests. I don't know when or if that will be but I would assume that the X factor will be NOT's progress in the discovery of something exceptional, something that those in the dark will know about long before us and in time to do what they need to do. Just my opinion.