Dear NOT mushrooms,

Back in from a bit of fishing to find our SP recovered from where it was before I left, sans Blackberry, as I have learned that mynot + Water + blackberry does not make a winning equation.

Per the NR that is NOT listed on the web site (why?):

Venture Exchange. The Agents will be entitled to a cash commission equal to 5% of the gross proceeds of the offering, inclusive of the over-allotment option. Noront has also agreed to issue broker warrants to the Agents equal to 5% of the number of Flow-Through Shares sold under the offering, inclusive of the over-allotment option. Each broker warrant is exercisable to acquire one common share of the Company at the issue price for a period of 12 months following the Closing Date.

Seems they've added a baggage fee to those collecting their golden tickets on this plane ride. If you remember it was just a flat 5% cash deal at the $2.80 PP. Now the buddies - buddies are along for the ride.

I was lead to believe we were well financed for 2010 program, and what is CEE? Canadian Exploration Expenses. How is that defined?

Sheesh - another backroom deal, dilution for institution. Don't like it one bit as a shareholder. Hopefully the skies are clrear for take-off as this plane is now spilling over with buddies as there can't be much room left.

They have some explainin' to do.

mynot