Good Junior Explorers in Minerals works differently than in O&G or IP/Tech etc. for that matter. Because a Junior Minerals Explorer can strike it big on their first drill hole (read but NOT unknown) or on their very last drill hole and thus skyrocket in value in an instant they typically raise only sufficient cash to go 6-12 months beyond their current exploration program. By the end of a less than excellent exploration season they often usually have sufficient cash on hand to carry themselves on 'care taker status' with but enough cash to make one last stab at the beast. Then prior to making that one last stab they attempt to raise new cash on speculation they will come up big. If they do not make good on the one last stab then the new cash raised will allow for the next round. And on it goes until either no one will be willing to fork over any more new cash or they come up with very promising prospects or better. AS for the current 'credit environment', that is in a completely different world. As of the past 2-3 years in the Mineralization Exploration World there has been sufficient cash out there for interesting and even somewhat promising mineral prospects. Many in the every day world do not distinguish and confuse or allow themselves to be confused about the difference between their every day world and the Minerals Exploration World. Those involved in funding the Minerals Exploration World know the difference and act accordingly. That is why I keep saying the Subprime and like stuff is nonsense for us in the Minerals Exploration World. The single overlapping factor is that when the every day world is doing extremely well more non Minerals Exploration World people are looking for places to invest their every day world profits and are more willing to sink some of it into the Minerals Exploration World, which in turn gives Minerals Explorers alternative cash raising options as opposed to depending on the typical Minerals Exploration Funders. Now what has happened in the past little while is that many in the everyday world are getting a very rough ride by the insanity being created by its "Specialist" and those who got out fast enough are looking for safer places to invest their rescued cash. They are and will be increasing their look our way (in spite of the nonsense reporting on the propaganda network earlier today as mentioned by a poster here) for such safe havens. We are in early and if our choices are good choices we will be the biggest beneficiaries of this cash seeking safe havens. Choice choice at this time is most definitely NORONT RESOURCES. Old Joe