First let me say I do like Noront and they've made me a lot of money. However there share price outran what they'd actually proved up in actual drilling. The market woke up to the fact that market capitialization was outrunning what, so far, had been found. They likely will find the goods to support a higher price but a price over $5 was iffy and they're being punished now for running up so high.

None of the other area players were pushed up so high because they haven't yet found a 'glory hole' or evidence of a find similar to Noront. Let just one of the player hit and we'll all go along on a merry ride up, up and up. If it's one of the SPQ properties or JV's the share price could go to $5 or $6.  Absolutely crazy? No it is NOT because I had 15 cent shares in Noront that I sold above $5.

Enough said, have to try and find some more money to buy more at this ridiculous price. Take a look at the huge property SPQ has an interest in!