Good Evening NOT,

I suppose this is a longer post then usual.... perhaps it isn't.

Disclosure: in case this overlaps too many other posters, forgive me this once, we added to the family with a baby boy this week. Life is good, regardless if this post is ignorant. I wish you and your families happiness.

onward.

I suppose we should be used to this... the share price drifts, and the board gets sloppy. I guess it gives us all the opportunity to see one anothers colors.

Regarding the two news releases... in my opinion, this is the single most important bit of information and news release we have received since hole #5. Folks, when management decides to release two releases like this it means: pay attention, read into why they did this, start researching chromitite, and above all else, you better believe management thinks this is one hell of a chrome discovery.

When the news releases hit earlier this week, I felt mixed emotions. There was disappointment we didn't have ridiculous high grades of Nickel and platinum, etc, at DE2. It happens.

Also, I was relieved there was finally news... it's difficult going week in and week without news like we did. More interesting, the second release hits and you go, what is chromitite and what is a good grade, and what are we getting per tonne for this stuff? Why the second release, the first was certainly long enough?

I placed a few calls across the country and my comrades were thinking the exact same thing.... what is the significance of Chromium/Chromitite/ Chrome ? We decided to compare notes at the end of the day and see if we could uncover anything interesting... as it turns out, when we compared notes we concluded that Eagle 2 was likely as rich as Eagle 1, and certainly looked like it had a great deal more potential given the potential nickel at depth, but, (THIS IS IMPORTANT) specifically the intercepts of Chromitite...

Now I'll admit, I am/was here for the VB discovery, but, should fate turn us on a Nickel (pardon me again) and give us something like this, perhaps less flash but incredible value, I'm fine with that.

Does anyone get the feeling there is Chromitite all over Mcfaulds.... I do. Spider, Freewest, 11 km's apart the finds? ... I'm sure there will be more to follow. Perhaps we get the PGE's that usually accompany this type of find, ask the geologists, not me.

In my opinion, we are still searching for the second pod of the nickel pge cluster we are hoping for... our Voisey bay. We may have found it, at it's breath, with hole 40.

It gets better, we are now looking to prove up one hell of a resource in chromitite... and I am willing to bet that is exactly what management intends to do.... we'll go fishing for nickel, and if we hit chromitite, we will continue to drill and drill and drill it... why? I'm hoping someone will definitively post a range this Chromitite is worth per tonne. It may not be worth the glory hole, but, it is absolutely worthwhile and boy oh boy, add up the tonnes.

My question, will the mine in Mcfaulds be paid for with Chrome to mine the nickel and copper, or will the nickel and copper pay for the Chrome mine. Given the distance between the various chrome finds, I suspect Noront will have a Chrome mine.... Also, and with any luck, and one more high grade nickel pod ie Eagle 1, we'll legitimately get to mine our high grade nickel find as well.

I regress.... we won't be mining anything...lol, RTP, RIO, BHP, XTR, my bet is it is one of them who will mine this resource.

IMO, unless the market gets brutal next week, the bottom in NOT share price is likely in, some may call that a double bottom... I call it one hell of a buy.

Will one of our geologist on the board please jump on the table and tell us how important intercepts of 20, 50 or 70 meters are for chromitite? How about telling us the average intercept of some of the mines in the world?

When Richard says this may be the grand daddy of them all, I get the picture.

What else are we going to find up here?

Bring it on Xstrata. but not until we wake up some of our friends. lol

not financial advise, do your own dd.

regards

cwallace