Don,

Both Karen (PRB IR) and David have made positive statements regarding the new NOT board. I won't get into details but IMHO that the door is open for ongoing discussions. How often do they get together? I have no idea. For all I know they may have had a single phone call.

I called David today to get his input on the chromite story in McFauld's. I don't know if you remember when the news first came out about the chromite I called David to find out his views on the value of the deposit. At that time he told me that no one would be interested in chromite. Today he said that the discovery has come a long way and that the grades and size are now significant. He was quite upbeat when he spoke about the chromite. He also mentioned that chromite deposits are more consistent along the strike length compared to elements like gold. He said this characteristic makes tonnage estimates more accurate.

I find David is a wealth of information for investors like me. He makes an effort to keep investors informed. You won't get any hype from Dave. He tempers expectations by painting a realistic picture based on his knowledge and experience. He also mentioned that the rumor mill is alive in the area. He didn’t elaborate on the subject except to say that the area is attracting the attention of investors.

rosehill