There are a number of things that could cause this. Here is a start, in no particular order:
1. rebound off of simply pathetic, manipulated lows. (this is the only one that I am 100% sure of)
2. EA announcement
3. Easement announcement
4. FIPA and it's direct implications on NOT and ROF
5. Cliffs coming back to table?
6. "wandering" hole....................that is one HELL OF A STEPOUT if it contains nickel/copper
7. BUYOUT (don't count it out after the FIPA deal)
8. merger/acquisition/takeover with another ROF company?
9. major technical barriers finally broken signalling a clear upward trend.
10. Financing secured
11. Infrastructure announcement from government
12. Big money flight back to brutalized venture exchange stocks. We all know Noront is among the best venture investment out there.
That's all I can think of off the top of my head, but it's clear there are a ton of big catalysts, all of which could significantly cause a SP hike to these levels and much beyond. NOT was manipulated to pathetic prices based on the uncertainty of infrastructure, markets etc. The last couple of years were the perfect storm to drive Noront and other companies down and some out of business. One or two key announcements change everything. It was only a matter of time before we got them. Enjoy the ride folks.
djje....................happy, but not surprised and not going anywhere for a while. Show me da real money.