There are a few mines in the area doing greatHere is a comment on the Barry mine that they use to describe there prospects based on Noront's find at Windfall lake.
The Urban-Barry area is the site of renewed interest following the release of spectacular drill results by Noront Resources Ltd. who reported intersections of 800.1 to 1,792.9 g/t Au over 4.8 m (Noront release of December 1st 2006) and of 27.3 g/t Au over 14.4 meters (Noront release of June 8 2006). The Urban-Barry area is the site of renewed interest following the release of spectacular drill results by Noront Resources Ltd. who reported intersections of 800.1 to 1,792.9 g/t Au over 4.8 m (Noront release of December 1st 2006) and of 27.3 g/t Au over 14.4 meters (Noront release of June 8 2006).
The history is here. This is spectacular stuff and shouldn't be turned off by trading activity. The sense will come back to the SP. There must be 1-2 million ounces that they have to declare sooner ore later.
1 million ounces in the ground is worth 200/oz That's a wapping $200 million net. Divide that by the outstanding. What have you got. $4/share. Divide that in half, just because its me saying it. $2/share.
Letting this go for 40 cents, you have rocks in your head.