Pat:

I haven't corresponded with you for some time. In fact, the last time was probably at least four years ago. I once sent you a cartoon with a new Nortel CEO on the deck of an aircraft carrier.

I now live out in beautiful BC specifically Victoria. I'm still investing and still watching BNN. I thought you might be interested in the enclosed cartoon.

It deals with one of the most interesting stories I have been tracking. It is the proxy fight between a small Canadian explorer and a hedge fund - Rosseau Asset Management. The junior explorer is Noront Resources Limited, and they are drilling in the James Bay Lowlands in a very hot area called "The Ring of Fire".

What makes this fight so interesting is the concerted effort ongoing by the retail investor to upset the hedge fund's bid to get a new Board of Directors elected. The power of the Internet and Agoracom has been harnessed, and the fight has been taken to as far away as Holland and Belgium. Many retail investors in the USA are also involved not to mention the many Canadian investors.

I hope you enjoy the cartoon.

Regards,

Glenn Lindsey

Victoria, BC

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I have no idea whether he will highlight the proxy fight at some point, but he actually showed two of my cartoons on a couple of the BNN shows. So here's hoping.

Snug