I read his stuff, it makes perfect sense, and he's not at all saying stuff many here are saying he's saying - is that clear?

I would boil it down to two words, "if" and "when." Mucker's an "if" guy, and many here are "when" folk.

But while's he's an "if" guy, he's still invested because he sees risk/reward in a proportion which makes him comfortable and happy to be a shareholder. But, just for the sake of illustration, if Mucker were making the line on NOT/ROF being very successful (on a Voisey Bay or somewhat lesser level, let's say), he might place it at 8 to 1, where some here seem to think we're odds on, at 3-5.

I had people just as astute as the most astute on this board tell me Nova Gold was a sure thing, and they looked it for a long time. Then, from one day to the next, ABX and the rising costs to develop their "remote" properties buried them last November. (Not knowing for sure, I believe NG's properties were more remote than JBL.)

One other thing, I like the positives people post here, too, and agree with many of them, but, since about the time the stock was able to stay above $6 for ten days, triggering option-gate, the market is making Mucker's side of the story more compelling and convincing than the more popular, optimistic perspective.

No matter what, none of us should feel as dumb as the warrant holders who exercised for $5, when the stock was only $5.25. I couldn't believe they did it then, and I don't think they believe they did now!