I have a relative who bought shares in coca cola in the fifties and still has them. I guess he is a permabull. I have had shares in NOT for about eighteen months. Since that time I have read the releases, followed the adjacent properties, read the technical reports, researched the chromite possibilities and tried to do as much due dilligence as I could. I have accumulated shares and have not sold any because I see the potential. I am not happy with the share price, I have lost a significant amount of money on paper. I am not a trader, I don't have the time or the stomach for it. I do not post negatively on this board so I guess I am a permabull. I like to think I am an investor who has studied the potential and is prepared to take the risk on this company. Why any investor would come on here and continually post negatively is either part of a plot to sink the share price or is not a shareholder at all but has asperations to rob a few. There is always a percentage of any group of people who are sh!t disturbers and we can't escape it here.

One of the things I recognize with this sell off that gives me some comfort is for every sale there is a purchase. Someone is accumulating and you don't accumulate to lose. In Feb/08, there was a private placement of 6.5 million shares at $4.00. These were not bought to lose, these investors did not intend to throw away $20 million. A year ago in April/08 2.49 million warrants were exercised at $5.00 per share. Again, these investors did not consider they were throwing away another $12 million on top of the twenty. These were not ordinary investors and they have not had the opportunity to get rid of these shares at a profit. Even the 25 million sold at $0.80 would not make sense to be sold so short an interval since purchase.

So, I remain long. I don't get excited about the influx of mosquitos from the mailroom buzzing around, it comes with the season. May 24 weekend is a big deal here in NL. I will be at the cabin having a Bud, either catching fish or drowning worms and more than likely squashing a few mosquitos. Have a good one and don't let the those pests bother us perma bulls.