Barring another major discovery Noront's share price will not go up much on any news. Where it will go up much is due to the so called world economic factors.

The world economy is the reason why Noront sp is as low as it is. There may also be someone wanting it low for take over reasons, but I will not go into that.

I argue that gold, other precious metals, and most commodoties have not risen in price but that the apparent price rise is due to those commodities being priced in lower valued denominations. The main cause is the US dollar. Japanese yen and the Euro are the next in line. With the suppost of Japan and Europe, Americans are getting away with this scheme.

Maintaining dollar's value is priority no. 1 for the US government. They are hoping that things will some how turn around and the green back will remain as the default world currency.

This can not be sustained and sooner than later this scheme will collapse because not enough belt tightning is occuring in the US of A.

To protect oneself from the collapse a movement of capital has to be done from paper money into real assets such as precious metals and high demand commodities. Easiest of these are stocks based on them.

Hence Noront is one of those that I hedge my bet on. Not on the management but the physical assets of metal in the ground and land hold in a choice region. Cheers and good luck to all.