Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: hi smith why are you so quiet!... Roos
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You would never stand a chance here Snug... Sheridan own's half of our shares.

Not only that, but what exactly has Smith failed to do???

People expected him to start drilling last autumn, are you kidding me?! It doesn't work like that. He commissioned the mag surveys, ground work first etc, etc. in order to optimize our chance for success. This business does not happen overnight. And are you really going to blame mother nature for the delay of spring break up?? In the meantime, Smith has jv'd out some great deals for us and is setting up our drill program on a very very tight budget. Sure, I'm not happy about the drill program being delayed about 3 weeks. But I can live with it knowing the work that has gonein to getting us here and for preparing us for our time to shine.

Nemis to me was all hype and a huge promo guy that has blown up in his face (for now). On the contrary you don't see Smith pulling stunts like that, which I am grateful for. NOT will still come out of this in good shape I believe.

The only reason why I'm defending this guy is because of the fact he chose not to dilute our shares which is highly respectable and in and of itself created shareholder value. I'm sure at some point he will need to, but he didn't cave in to all the big boys that wanted a piece of McFaulds. That's integrity which is ridculously hard to find.

Annnd, can't you guys see what's going on here. Everyone is lining up their ducks for their late summer/ Fall program and it's going to be crazy again!!

If there is anything of realy gross negligence here, than i would be sounding the same chorus of some of you here, but I think some of you have lost sight of the prize by being too impatient.

Sorry for the rant, just annoyed with Peter getting unfair treatment in my opinion.

Good Luck,

Eudai

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