Sum of information gathered from PM’s and phone calls:

Peter, Mike, Mac, (not sure about Hoy), met at Thunder Bay. They have not begun drilling, however they will begin tomorrow or the day after. When they do, it will be a 6 week program operating 24/7 up to 4000 meters. Peter thinks he’s identified a new conductivity target the size of 2 football fields. He said that the choices for targets will fluctuate as the probe reveals new information. Additional financing from the last NR cold facilitate this.

There seems to be a general spirit of cooperation in ROF, with Fancamp using Freewest/Cliffs camp and improved relations with Noront as Wes and Smith have begun a dialogue. There is mutual interest between both companies because a strike on either property will greatly increase the SP. Also UC’s Voisen and Peter are working on a FNC property.

Peter seems excited about locating a new conductive zone the size of two football fields. He’s working with top talent, himself, Mac, Mike Flanagan, Don Hoy, and John Harvey. Can anyone doubt the value of our property sitting next to the richest nickel strike since Voisey’s Bay and inside a band of chormite which Cliffs claims is the largest, richest discoveries perhaps of all time. In addition with our lack of dillusion (less the 50 million outstanding shares), a Freewest offer for chromite, would make the offer at 4 or 5 dollars per share.

-sg

Ran out of PM’s again. Don't forget hitting the ratings vote so I can PM more. This post should take care of many a PM response.