"A soaring loonie is already killing any incentive for majors to commit to base metal mine development in Canada, and this will confirm that as a longer term trend. It matters little what lies in the ground if development time and currency risk make the economics very risky. "

Lots of good points in your post. On the other hand, depending on your point of view, this could be good for keeping this company in our hands to develop higher value. We'll get the chance to take it farther down the road and command a higher buck if it isn't being run as a mine by NOT and it is to be ultimately sold without being taken out too soon. It also gives NOT the time to plan this out to be a high efficiency operation given the nature of our deposit. It could still be very cost effective even in more pricey times. Again, we wait to see.