These rumors of shutdowns are only going to be partial. The lack of need for nickel has been greatly exaggerated (as the big increase in nickel price last week indicates). However, there is something much bigger in our favor - our grades!!!

Noront has much higher grades than what is being mined at Sudbury and, in fact, the highest nickel grades in the world, especially when considering the PGE elements and copper contained in our ore bodies.

Bottom line is that what we have to mine (also considering the fairly shallow depths of such deposits) is much more economical to mine than what they are mining at Sudbury currently. Additional tonnage which is likely to be proved by soon to be released will make what we have even more attractive. This is the reason why we can defy the general market trend and move upward in stock price in the midst of a significant downtrend in the stock market.

Blue sky potential is another factor - but I'll not go into that right now, as it has been explained so well by many others on this board. We are getting ready to attract a lot of attention and see some phenomenal gains (IMHO) in the midst of a market that is negative. This is the potential that junior explorers bring to the game. I've seen it happen before in negative markets, and know it can happen again - and Noront is the best candidate for such a happening.