Much has been written in the last day or two about how no major is going to take us out in the present economic situation as so many of them are shuttering production. I also recall so much discussion in the past regarding the similarity between Mcfaulds and Voisey's Bay. Was the reason Falconbridge, Tech, and Inco were so interested in Voisey's because there was a shortage of nickel. Not at all. Did they see a shortage coming in the near term. Not at all.

The reason that Inco was so avidly chasing Voisey's was because by controlling it they would retain the status as the premier nickel supplier in the world. If it fell to Falconbridge, they would lose that status.

If memory serves me correctly there was actually an oversupply of nickel on the market and prices were at or close to a recent low point.

My point is that as we prove up more and more chrome, and throw in a few hits of nickel, this baby is going to reach the critical point whereby the big boys will simply have to move on us or risk losing their position in the pecking order of mining giants. They may buy it and mothball it, but buy it, they will.

Regards

K