"Bay Street wants to see the "deed", proof that Kitchen is not just 'renting' the property from Noront and that NOT can't or won't "back in" to all this gold that they keep digging up. Get rid of the lien Brad."

No, I think it's the venture down 36 points and the TSX down 118 to follow on yesterday's losses as well. You might as well consider that EAG's non-drop was relatively a gain to the markets losses in addition to all of the cash sitting on the sidelines waiting for an indication of a bottom before they wade back in. Besides, the Boys at NOT already knew the site they were letting go to EAG was full of gold but they put their beans in Ni and PGEs to say nothing of Cr. I suspect the equation is not as simple as you point out.