Gotta luv a good discussion, and one seems to be occurring this morning, so thought I would jump in with a few points.

First off, a comparison between FWR and NOT, and who is the better bet. This was laid out quite well by D12 a while ago and he is bang on. FWR has made some good hits in the last while and we know about each and every one. And this is good. they are keeping us up to speed and now they are bringing the second drill into the picture (they only had one up to now). I expect they are going to blow us away over the next six months with the proving up of the chrome and maybe a good hit for nickel. They have said there could be a 50b value placed just on the chrome before they are done. Anyone invested in FWR has nothing but blue sky to look forward to.

Not as a comparison to fwr though has far more going for it. It has the eagles which alone already have the potential to fund the infrastructure required to develop Mcfaulds. It has the Blackbirds, which have already shown as much of a potential as FWR. They have stated that they have 3300? assays in the system and will not give any results until they are completed and will be announced as a package. With the handheld thingee, one can assume that all 3300? samples would have something worth testing. Rumors are that we may not get this report until end of march, but one can assume? that there is a huge amount of information to come. Add to this the fact that as both FWR and NOT continue to prove that this is all one orebody, there will be growing understanding that this thing could extend many km futher than the northern extent of FWR property. At that point there is nothing but NOT property for many km along strike.

While I remain very invested in both of these play, I think the comparison is quite accurately described by a comparison of their market caps. Neither one is anywhere near where they should be, but compared one to the other I think it is about right. I do believe either will fill your pockets at some time in the near future.

The other topic is where the market is going to go in the short and medium term.

There is a new president taking office in a few days. He is already laying the ground work for his actions as soon as he takes control. I also believe he will come up with a plan to start the housing problem on the road to recovery. Harper is due shortly after to present a smilar plan for Canada. I also beieve that there will be enough success from that one to get us started on the road to recovery. We did come very close to falling into the predicted abyss, but also believe that we have pulled back from it enough to start cautiously looking to the future. If you consider the alternative, and decide to defer investments, and you turn out to be right, the cash you hold will likely be valueless anyway. I for one have accepted that the bottom has been found, we are on the mend, and have scraped the barrel and put all I have into the market. One advantage I guess is if I am wrong, I will have less time on this earth to suffer for it than others (tfic).

Regrds

K