Good Evening NOT!!!

The stock action tells me something... does it tell you anything? I don't need to know where the find is... or what it is. It seems like the find is out there and more importantly, soon to be announced... better yet, very positive.

So, you all have a few questions to answer, so do I. At what point do you buy more... what news have we been waiting a year for? Eagle 3... the real Eagle 2. Deep Eagle 1. One of these days we will wake up with something of even more significance, whether it be nickel or chrome.

Onto the world. I am very concerned about the worlds banking system. There seems to be much insolvency to come. Worse, the US governement will be sending future tax payers dollars to many banks shortly, regardless if they can remain in business. The hyperinflation game is on. Be prepared and...

PLEASE HAVE SOME PHYSICAL GOLD among your assets.

CITI....DONE

whose next?

Back to NOT... although I anticipate the rate of spending to slow, and perhaps the partnerships to start handing back their land... I expect a nugget of good news to pop up somewhere. Eventually someone at the ROF will come up with a tizzy of a hole.... as another might say, "a Barn Burner," and the rest will be history.

I write this note as much in preparation... when the next glory hole comes, what will you do?

Will you notice it? Will you appreciate it?

At what price will you buy it? Seriously, it was easy to buy when stocks were up... now that we are in a depression, do you buy anything?

That's right, a depression...challenge it as you may... remember, CITI, Lehman, Bear, Washington Mutual, Countrywide, etc...on and on,...... we are just getting started.

Folks, this isn't going to be pretty... thank you to management for raising the funds they did. Here's hoping for some NICKEL... THE METAL OF WAR.

As in Depression 1, it may take war to pull everyone out of this mess.

Hello to all my friends on the NOT board.

Aloha

cwallace