Don, you are asking some valid questions on your last post and thanks Babjak for officially asking who the players were in the last private placement. The last few weeks, Noront has been showing some strength in tandem with the market We all know there is substance to this company, we are just being kept in the dark as to how substantial. There may be some arrogance showing with this new board when it comes to the community of McFaulds. There certainly is arrogance being shown to the shareholders of NOT as we have cosistently seen through the proxy war and the months following.

The new BOD have pushed Windfall to the backburner. They are not saying much about Chromite or even about nickel. However, The market has not responded to windfall or chromite either. The market seems to like nickel/copper for whatever reasons. Maybe chrome is unfamiliar territory. Maybe the adjacent properties have just as much chrome potential as NOT does. Maybe there is so much of it and so many players in McFaulds that it doesn't threaten existing producers in South Africa at this time since they already have infrastructure and lots of reserves themselves, if that makes any sense. If this is what the BOD believes, than it is probably correct in keeping its cards close to its vest while the markets are in the shi!!er. They don't seem to need to confer with neighbours on the Ni/Cu because it is more localized on NOTs properties. However it is a mystery why they aren't playing a larger role in seeing that the jv's live up to their agreements. After all Noront has a major ownership in these properties and they have great potential.