Fairly safe buy. Analysts tout CHM at $3.00. CHM market cap is 153.17m. FNC market cap today is 26.59m. 153.17m X .175 = 26.8m. Almost exactly where our SP is today. I find comfort knowing we will reflect CHM as they rise. If my $10 in CHM doubles, so doubles my $10 of FNC. We have our base, and if Smith can break his inveterate reluctance to show that Magpie is feasible, we will rise past this CHM ratio. McFaulds, Beauce, lac Lamalee could add on as well. I think the only reason our volume isn't reflecting CHM-the lead horse- is FNC shareholders aren't selling at the CHM ratio. Acquiring bulk FNC securities at this CHM ratio must be negotiated with Mineralfields for a crosstrade. -SG