While well thought out I'll have to disagree about the 43-101 dealing with Blackbird 'chromium' mineralization.

These deposits, their composition, value and size are extremely difficult for any investor to get their head around based on drill cores and even the assay results. Long investors are rightly excited because grades appear so darn high and intersections great. But if we can't grasp the economic value to Noront how can we expect the general market to?

Eagle One was disappointing only because everyone was expecting 3 to 5 times the tonnage. The share sell off bringing us down to $3 was, I feel, because a lot of investors either good hints of this or figured it out themselves before the rest of us did. Spilled milk now and Noront has pulled another rabbit out of the hat with Blackbird deposits.

So lets figure on a 43-101 concentrating a lot on 'Chromium' deposits although I'd expect some pretty convincing geological interpretations on the McFauld Lake deposits/anomalities as well.

First you can bet any majors with interests in Chromium and Nickel as the cherry on top will be pouring over the report and maybe requesting backup technical information. They would then be in a position to make decisions about investment.

Secondly you can expect Genuity and others to analyse and report what they believe this means for a target share price.

Thirdly I'd expect, if it's as good as we believe, the press will jump all over themselves to report the potential.

Fourth I'd expect retail investors and yes some big boys to start buying Noront shares and a sharp increase in daily volume and price.

**At current share price the risk/reward is positive based on what we know for sure (Eagle 1 and Windfall plus claim holdings/jv's) because one can see higher possibilities of a $7 or $10 share price within 3 months than one can a $2.50 share price.

For current investors it is a pretty easy decision to 'hold' as there doesn't seem much possibility of 'bad' news coming but very high possiblity of 'excellent' news coming. Heck Richard already told us August 15th and who can't hold on until then!