I have been trying to put this thing in perspective for the last week. I have been long on not for 8 (?) months now. I started after the big announcement and was buying around .60 and selling around .70-72. I did it twice and decided this was a good thing so jumped in with both feet. The end result is I chased it down to the low forties with my better half chastising me all the way. I wound up with 445,000 shares and it was all based on the windfall property. I beleive this property alone will provide us with the means to hold the gathering that has been suggested.

Now all of a sudden the McFaulds thing happens and it takes me back 50 plus years to northern Manitoba in the mid fifties. THOMPSON. There had been many mediocre strikes in the area but it took the big hit to justify developing it. (Yes, I was there). Possibly McFaulds is a similar scenario. Spider res has several good showings in the area but, it seems, not enough to get excited about. But this one of noront's, who knows. I have spent time doing dd on this and I note that the same geologist etc. are doing the work for both spq and not. They finished the spq work on fri aug 24 and moved to NOT property. By monday they were obviously very excited. The spq property has been returning some interesting grades (5,6,7 %) copper but not enough to raise interest. Now all of a sudden these people are very excited. They have only seen the visual of the core but they seem to be knowledgeable people.

I think we may have hold of a tiger here.

more later

khareema