I know that with a moniker like "crazydik", my investing accumen will forever be regarded, and rightfully so, with skepticism, but what the heck am I missing here?

When Noront had this puppy (under the leadership of Richard Nemis) this thing soared to over $7.00 on that one fantastic drill core.

From the NR of June 26, 2008:

The F-17 zone was discovered in 2004 and intensively drilled (4,800 m in 40 holes) in 2004. A further 16 holes (approx. 1,500 m) were drilled during the last three years. On March 18, 2008 Noront reported 143.3 g/t (4.18 opt) over 3.11 m(10.6 ft) between 9.73 and 12.95 m in NOT-07-175, a geotechnical hole situated approx. 70 m east of and approx. 35 m above the main ramp. Hole WIN-05-85 reports 3.8 g/t over 3 m approx. 10 m below the location of the visible gold. Two other holes (WIN-05-53 and NOT-07-114) report low grade intervals below WIN-05-85 but within 25 m of the visible gold occurrence on or in the projected hanging wall of the zone.

The numbers were these (from an earlier release):

NOT-07-175 (9+62 mW, 9+95 mN, azimuth 0 degrees, dip -90 degrees, NQ size) was completed to 16.76 m returning the following significant interval. True width of this interval is unknown at this time.

/T/

-------------------------------------------------------------
Interval Gold
-------------------------------------------------------------
From To
(m) (m) (m) (ft) (g/t) (oz/T)
-------------------------------------------------------------

9.73 10.72 0.99 3.3 3.00 0.09
-------------------------------------------------------------

10.72 11.30 0.58 1.9 115.00 3.35
-------------------------------------------------------------

11.30 12.19 0.89 2.9 430.00 13.11
-------------------------------------------------------------

12.19 12.45 0.26 0.9 23.50 0.69
-------------------------------------------------------------

12.45 12.67 0.22 0.7 1.60 0.05
-------------------------------------------------------------

12.67 12.95 0.28 0.9 9.60 0.28
-------------------------------------------------------------

-------------------------------------------------------------

AVERAGE 9.73 12.95 3.22 10.6 143.30 4.18
-------------------------------------------------------------

We've just blown that away.

And you're talking of .15?

I am thinking more in the $5.00 - $10.00 range. This is a continuation of a major, easily accessed, gold discovery in mining friendly Quebec.

Obviously somebody knows a lot more about this than I do, because this share price is not registering with me.

crazydik