I don't think this is new news. However, it is factual information that explains why our share price is what it is. There is no question that the price of nickel and chromite has a direct relationship with how our stock is valued. No rocket science there!! However, we have a few years before we are in a production scenario, and thank god for that. Can you imagine how much of a beating these producers are taking with having to pay down debt, employment costs, idle costs, inventory costs? Those things are not our concern at the moment, we are using this downtime to define our worth in tonnes, not dollars. When the world supply of ferrochrome diminishes and the market rebounds, chomite, molybdenum and nickel will rebound quickly due to limited production capabilities. A North American producer of ferrochrome will be a must. Prices will reach new highs and financing for this new production will come easy. McFaulds will be the only game in town. We will have the most up to date technology and be the most productive. With the grades and width of deposits, we will be the most cost competitive. Get with the program fellow shareholders, were not dead, we are not even sick. We are just starting to grow up, we have our whole minelife ahead of us.

Mike