In order to acquire its 35% interests in the Property, Noront will be required to make payments to Golden Valley totaling $175,000 (or $350,000 in the aggregate with the payments from WSR), payable in cash and/or by the issuance of common shares of WSR (and Noront) upon the later of the execution of a definitive option agreement, or the receipt of approval from the TSX Venture Exchange. The number of shares, if any, to be issued by Noront (and WSR) as consideration for the Option will be equal to the dollar amount of the total consideration that Golden Valley elects to receive in shares divided by the ten day volume weighted average price of such shares for the ten trading day period immediately preceding the date on which a press release is issued announcing a definitive option agreement amongst WSR, Noront and Golden Valley. In addition to these payments, WSR and Noront will also be required to incur aggregate exploration expenditures on the Property of at least $5,000,000 over a three year period (of which $1,000,000 must be expended in the first year). Reading this paragraph further impresses upon me the fact that the accumulation is in high gear. Read the above paragraph taken from the Corporate release. This deal with NOT and WSR for the 35% will cost NOT next to nothing. (The number of shares, if any,) taken from the above paragraph gives me a peak at the cat in the bag..lol... This is very good business I must say....Don