I think the stock options are a super strong indicator that this is the lowest we will ever see Noront shares again... Baring a complete financial colapse in China and Ni going to $2 a lbs. (keeping fingers crossed this crisis is over soon $11 Ni would be great).

If I was the new CEO. Better cover my rear by issuing the press release on visuals, better get my stock options in place before the essays come out! Can't not issue the visuals and take the opitons and risk legal action later. They did exactly what I would do given their situation.

This is what I find interesting. The speculation that always drove Noront's value was that Eagle One was the scratch of the surface. My understanding is the way Ni forms it is extremely unlikley that Eagle One would be a lone deposit. Now we recieve evidence that what drove our price through the roof before has become much more likely and we have a 10% increase in share price? I guess we are all just out of money?

I don't know what it costs to get Ni out at depth so I will keep my mouth shut for once but if Eagle One is worth $100MM-$170MM at today's market prices, that is after paying for a road and alot of infastructure... if we are talking multiples of the Eagle One Deposit... well you can short this stock if you want... but I wouldn't advise it anymore... way to dangerous...