Sculpin, I and also holding on the Beauce project as well as the iron projects. My hope for a good to great intersection at McFaulds is dimming with time and drilling. We now have 2 drill programs completed on the site plus a few holes drilled by PRB a number of years ago and still do not have an intersection greater then 1 m of mineralization similar to Eagle 1. I realize that this is out of step with Smith's outlook but we do need a substantial chromite intersection and/or MMS similar to Eagle 1 to get the SP moving. Maybe deep is the place to be but that takes lots of cash, another drill program here without successfully cutting substantial mineralization will cast a dim light for this site. The northwest/southeast fault noted in the last news from McFaulds is not shown cutting the northeasterly trending bedrock units, map1. If indeed Eagle 1 is displaced 300 m west of the main ultrabasic body, then the rest of the mineralized body could be very deep on FNC claims, how much vertical displacement, who would know.

In my opinion there is a much greater possibility of getting a substantial intersection of VMS at Stoke or gold at Beauce then MMS/chromite at McFaulds. Given news that there is a second drill working the Clinton site and drilling continuing at Stoke I am cautiously hopeful that maybe a positive change in the SP will finally get me into the black. Quite possibly Peter will prove me wrong but I can live with that.

Off course I could get excited by a sale of the Magpie claim block or one or more of the other iron deposits. That would get the heart pumping again.

meadow hen