most of this week I have been reading the posts and all of the NR and past info on NOT, after all I'm in the UK and it's raining again so loads of time on my hands. Though I have to say the horse racing venues are phenomenal and unlike North America the Brits sure know how to put on a great show even in inclement weather, but I digress.

What has happened this week could have ben foreseen if you had analysed the technical charts and , this is the important one, read the various MD&A reports and analytical data. We have known for the past few months of delays wth assays , sure we had lab problems and the issued the NR to explain it. The maket read, analysed the NR and reacted with the SP declining. Why well the NR though it said there were problems failed to give the market what it needed and that was a strong indication that there would be high Nickel copper results forthcoming. They also said the results would come out on the Friday and they didn't and the market reacted , the market doesn't like it when you say something and don't do it, and the SP reacted. Then finally the assay results were released and they failed to ignite the market in fact if it wasn't for the second NR re Chromium we would probably be hitting mid to low 3's about now. Plus the market has , at this time, probably discounted Windfall.

On reviewing all of Sedar and Canadian Insider I haven't seen any loss of confidence in the area by any of the senior directors at NOT. That's not to say some of the staff working at the site may or may not have sold off when they saw the cores, realising when it was sitting at 6 that once the market saw the results there would be a decline. Now of course this is pure speculation but put yourself in their shoes would you turn down the opportunity to make a few $$ and be able to buy back in at the low 4's or even 3's.This doesn't mean there is a problem with the ore but more capitalising on a lull in the market.

Bottom line for me and my family is, after some serious discussions, and a lot of analytical review do we believe that NOT will find the motherlode and if not is there still the likelihood that somewhere in McFaulds the main ore body will be found. We believe that the answers are maybe and yes. Given that we will continue to hold all of our shares in NOT and other juniors in the area. Sure we are concerned that the 200day moving average may be breached and if that happens it could be a long and difficult road, but you know if your invested in the junior mining market, and don't day trade, it is always a crapshoot, and all it takes is one hit and everything changes. On a practical note Richard really does have to do something with Windfall, to continue to keep this within the main body of NOT does a disservice to all shareholders.

Sorry about the length of the post , but I needed to get this off my chest

GLTA long NOT holders

Joe

ps it's now time for a very large Macallan