Keep in mind as well, PNP is loaded with great uranium resource plays. The market virtually wrote these off in Q3/4 '07 when the resource price stagnated. If the resource price firms and rises which seems to be the 08 expectation, this will give a major boost to PNP market valuation. So, it is also a great way to hold an interest in NOT and some related plays , but recognising that NOT share is long term hold of a "toe hold" type of interest. Understanding your major shareholders will make you a better NOT investor !!