Whaler,

The information we received in the MD&A was quite thorough IMHO and rich in information if one reads it carefully. There could be a number of reasons for them wanting everything to come out at once. One could be they have a conditional buyer already but are required to complete certain hurdles in order to complete the transaction.

I know the impression given, leads to speculation of the bad kind. That is however not what the drill results say. Or should I call them the truth machines. They say to me; L2 North Zone is very large and is open at depth, length ‘and’ getting bigger with every core. They also say L1 could be brought back in to economic production quickly.

The problem is with no steady jolts of news in the retail market (that would be us) reads it as bad news. People get talking and forget what the facts are. That’s not rational but it is the reality of the market.

There is an absolute minimum of 351 Million pounds of Ni and its is still open at length and depth. There is no way I will be selling any shares.

EB