The NR on the private placement specifically mentions doing VTEM and drilling Black Duck. In speaking to the company, this property is their priority and there is a 13 km anomoly there that Noranda and the Gov. of NL have done work on in the past. This property looks very good. However, as others have already said, it is very speculative and hopefully we will get some news to put some credence to the story. The property in Labrador they have already drilled also looks promising and when you see the completed drill targets and results, you can see the logic in the 2008 planned drilling. I like this company, they have been around for a while and due for a hit.