Hello thenose,

Can you tell me why why this company needs a 100% company owned proven world class resource deposit? Yes, it would be nice, but I don't see that with Lac Lamalee. What makes it that world class deposit worthy of an aggressive summer drill program at Lac Lamêlée followed by a 43-101?

We know there is a massive amount of iron ore set to go online by 2015. We are light years behind other companies in the trough. It is a complete waste of exploration funds, especially in this market where capital should be very cautiously deployed and especially since we have historically never seen our assets reflect their value.

To me, the company needs to address the latter issue starting with its leadership. What's to say a 100% world class deposit will make any difference... Peter will end up giving it away for peanuts and make sure he's on the board, which we've seen plenty of evidence of already.

Eudai