Thanks for a couple of great posts. Snezzer, as usual, you crack me up, beautiful analysis...like Keegan said we all need more T and A! Bratty- Thanks for keeping it real and opening up, great perspectives. What I like the most from both of you is that you both hold a fair amount of shares and have lost alot of paper money in the last week and a half but you still see NOT for what you believe it is and are not swung by the greed/fear emotions that rules this board lately and that is great.

For the honest readers on this forum who are not used to these girations in their stocks and are rethinking their investment decisions, I would ask you to go back to your DD. Reread what we already have found, look at how much money we have in the bank. Look at the price Bay St bought in during the last PP. Look at all the lemings coming out of the woodwork now and trying to convince you that this a POC stock. Look at the longs arguments. Look at the house positions and see how the big houses keep accumulating.

The only caveat I have always put on NOT and it remains an issue is the global economy. The stock market is always ahead of the curve. Today, the first day of September was not a good day for stock markets. September tends to be the month that we see crashes happen. I have been keeping my eye on Oil and Gold as indicators of where things may be going. I did not like seeing oil going to $68 today. Gold maintained pretty good but this could also be a negative as people are scared of a big selloff and have been buying gold to preserve wealth. Copper and nickel have also decreased considerably today. So there is some general market fear that may spread quickly to all sectors and I believe it to be in everyone's interest to monitor these macro indicators.

For those who missed my post earlier, Dundee and Clarus were both up at the camp on Friday and if you look at their house positions, they have both bought pretty heavily since then. These guys also have a good grasps of macro economics and give some credence to this being but a bump on the commodity road.

So keep your eyes open people, NOT is a great investment and this current SP is not reflective of our company, our management, directors, cash position and what we have in the ground but there is fear out there and that is a big market factor.

For the record, baring a big selloff in overseas markets tonite, I expect NOT to have a big move up tomorrow-probably back over $2.

Good luck everyone,

Glorieux