Hi D12

Great points regarding the major possibilities. My only concern regarding anyone wanting to buy anything is the fact that the majors are having a large problem staying afloat with the global economy as it is right now. I'm not sure they would be willing to offer enough to lock up the chrome if they were only blocking it from another major. Secondly I'm not sure serious money will be laid down on any small cap company right now whether they have the goods or not. Nothing seems to be moving. The only thing that will move the stock price is rumour of good news and after the news is released it will likely follow the yellow brick road higher for a bit and then once interest wanes it will fall off again.

Not to put a damper on this but the market is not supporting much of anything right now. Look around at the prices some of the big companies had 6 months ago and where they have been peaking at now before falling back into the abyss. What good news brings now is a short rally, a better understanding of the ROF along with more interest from new investors. The valuation, even if it went to 10.00 per share immediately would not likely push the stock price up more than 1.00 or 2.00 right now IMHO., and trust me thats fine if people here were able to load up more shares at sub 1.00 prices so as to average their share cost down significantly.

Overall we all know this is the real thing and that it will eventually rack up a nice healthy profit. All I am saying is if the news is good it doesn't mean a major can come and put any real type of offer in for us, simply because they won't get the financing to do so and I don't really think we want a stock swap takeover. All in all we still need to wait and be patient. We've moved up a bit on the chromium NR and hopefully the next NR will move us up more again. I just don't want anyone dreaming too many sweet dreams of rich majors coming in and sweeping us off of our feet with their golden pockets (which reminds me....are they planning on moving forward with Windfall in the spring??).

I'm at the point now I'm taking a real look at everything out there..with a great mid to long term bullish outlook for NOT and the other ROF plays. I'm thinking right now that "if" we get an Obama rally it will likely be shortlived and minimal, but...I could be wrong and I hope I am. I'm afraid right now the hedge funds are flipping the market over small cycles so they can reload their coffers quickly. Long up 1.00 and short down 1.00...etc Until they are full we will starve except for the small scraps we get from exceptional news releases...after which we will likely get shorted back down to earth again. Too many other small caps with 1.2 to 1.5 billion worth of minerals in the ground are sitting at .50 to 1.00 per share and they have cycled there since September/October. Noront may fair a bit better with it being more of the darling of the Venture exchange. Once again I really hope I am wrong and one good release (relating to nickel) will send us up and out of here.

Sorry if the mood of this message isn't providing much in the way of positive stimulus, but I just think we have to be very careful with what this market has to offer us right now. We can go up or down big in a heartbeat..notwithstanding the fact that many feel we have pretty much hit bottom. To be honest...if we don't get a rally over the next week...I'd be worrying about the overall market taking another 20% drop as the banks still haven't hit the market with all of their losses yet..and because they aren't lending much and with interest rates down dramatically (which I am not seeing fully passed on to us yet) I don't see them coming up with billion and billions of dollars profit for a while, the market will only have the government bodies to keep much of the market afloat with any confidence. We have seen already how an economic stimulus plan has only created a spark, but it hasn't really started a fire. If Obama can make that happen then everyone will be smiling by end of summer or year end..maybe sooner. If Obama can't make that happen we will see more depression in the market as any firming of the market has been, IMHO, build on the hype that Obama, once elected, would get the job done.

Have a great day everyone and God bless...

Mustangman