Once again shares drop on a news release that indicates more 'nickel'.

This seems to happen almost all the time but given how far down the price has been driven today's action is surprising.

Obviously the market expects seriously big positive news and isn't willing to reward one decent interception thru a new area of nickel. Instead today it's punishing Noront for missing with so many drill holes.

Noront has indeed had a run of poor drill results and trouble hitting what they expected. The fact that even a 'miss' adds to geological knowledge doesn't put bread on the table. Others in ROF seem to be having same problem with the exception of hitting Chromite.

Noront has 3 drills turning so favourable results will eventually come and until then all we can do is keep our heads down and hang on thru very rough treatment.