Kerry,

Your post says: "...FNC will do better alone considering their varied holdings and prospects..."

It would be fine by me if you don't like the KWG share swap speculation. But, would you care to outline a plan for Peter to unlock the value of our extensive (and excellent) holdings?

Since Peter does not seem to know how (or demonstrate an interest) to unlock this treasure chest, perhaps someone else like Frank could do a better job for us. The share swap option is proposed, since this would give us a toe hold on that treasure chest of excellent holdings. Accepting a cash offer would be a give away of our excellent holdings.

It's quite apparent that Peter does pay much attention to IR. Just wonder why FNC is spending shareholder's money (some $6k/mo, or is it $8k/mo?) for the IR/PR firm to do practically nothing to communicate with the shareholders. If they don't perform, then hire another firm which can perform.

As indicated, FNC website is quite superficial compared to some others that I have used for my DDs. Other companies would publish all drill results, or give links to the sources...and sometimes present 3-D animations to illustrate their deposits/drill results.

There are some (but not all) chromite results announced in separate NRs, but I have found practically no consolidated information under one roof from FNC website for my DD on KWG/BOL/FNC JV. Would appreciate very much if someone could direct me to the drill results at McFaulds C-1 to C-6.

The objective is to see if the Eagle Ni and Black Horse chromite finds in NOT properties would spill over to the SW corner of FNC claims (C-1) which is just a stone throw away. But FNC drill results (all of them) would be required. I may be mistaken, but apparently there were some of NOT drill holes (in the cluster containing NOT-11-1G 243, 244, 131, 236 and 239) that went underneath FNC claims around the C-1 area. Confirmation/dispute/correction, anyone?

goldhunter