Hi all,

A special thanks to QQ girl for the updates on the AGM.  They are very appreciated.  I thought I would have a chance to listen but have decided to follow the SP action and analyze the NR instead.

So far today we have seen a spike down that followed the trend from yesterday.  With all the longs and power brokers at the AGM, a few companies have taken an opportunity to shake some shares loose.  And yes, they are being shaken.

Some people are likely taking losses as much of the buying the past week has been over the $5.50 mark.  For those who talk about profit taking, many of the original longs who took profits are long gone.  For the rest of us with averages under a buck, what's a dollar here and there when we have already made a killing.  What I mean by that is that we are not the ones selling, and have the patience to wait out these dips.

There was a lot of volume at open, but it has been slow the past hour or so.  Share price action but on low volume.

The news today was very good.  We are so used to seeing amazing grades being announced that some people have wrote it off as average.  Take a closer look.  The nickel, copper, and plat values are still high.  The area that NOT is drilling in contains what I will call "world-class" assay results.  Incredible grades for the nickel, plat, and paladium.  I have seen better copper mind you but a person cannot have it all.  I will take the nickel and plat anytime.

If the grades had suffered stepping out to the south and east, I would really be concerned.  But we are seeing higher grades at some sections, and the overall grades remain excellent.  This bodes well for the area as well as the side plays.  Thousands of companies drill holes all over the world hoping for results like these.  And we are the one who has it in our grasp.  A nice place to be.

The shareprice will return in short order.  The sign to me was Pinetree accumulation.  These guys have a closer hand to the pulse of the Canadian mining industry than most others.  Them and Sprott.  Like a previous poster said, they do not invest to lose money.  My guess is that they are accumulating more for the day when the property is shopped out to a major.  From what I heard from the AGM highlights, a few suitors are knocking.  But more drilling is needed and will continue.

Hold onto those shares and do not let the subtle bashers on here fool you.  They are deluded into thinking that they sit on the sidelines until the shares hit $3.50.  And I thought Fantasy Island was just a TV show.  I guess they can have my shares at $3.50 if the stock takes a 10-1 split in the future.  Until then, it is just wishful thinking on their part.  Beware of their motives.  They come off like experts, talk the talk, but lodge doubt in small increments.  They have been wrong at $3 and $4 and will continue to be wrong as this project and the other projects continue to grow the share price.

Why do I know this?  The majors have been investing in NOT huge once it hit $5.  It took that long to attract the attention and show that this was not another GCR (hit $4 and back to $1.40).

I will not predict a time when we will return to $7, just like I could not predict a time when we would return to the $4.99 point after the hole 5 results were released (took a few days), but this stock was purchased by large hands for profit, not a couple of dimes.

At this point just ride the coat tails of those with deep pockets.  They will take the SP where they want it to go when it is ready.  Until then these swings are the same as last month.  Shaking the tree.

M1.