Djo, you write:,

." In my opinion it is because NOT stated thatt they have tripled the resource, this was done by using a cut off grade of one half a % down to depths where it would be impossible to mine and make money. The analysts and other geo's were laughing behind NOT;s back. I know this because of talking to them, so NOT lost some credibility, with the brokerige community. So to compare NOT to Diamondfields may be a bit premature . I am not posting this to dis NOT as I still hold 6 figures in stock at present."

I'm confused by many things, Noront. Look at July 2008 resource estimate. By the way, the nickel price was lower than today. Then look at Dec. 31, 2009. Today we range in 1.18 price range with more resouce and higher prices. I see that 76% of eagles nest budget is for deep drilling. I see the technical talent involved in Noront that feels drilling deep warrants 76% of the budget. The resources to date are all at under 1000meters. We don't start at 1000meters and there it is. Deposit continues from near surface to depth. We are extracting the stuff above. The infill drilling has been surprising with the higher than expected grades which is even better news. If going to 1000 meters wasn't economic then surely spending a fortune drilling to 2000meters would not be undertaken. I don't value a single word from any analyst. When they are buying they bash (or laugh) when they want to sell they promote. If you really took them at their word I doubt you would be holding 6 figures in shares. I also hold 6 figures in shares but wouldn't if I believed the validity of "the laughing."

Tonnes (million)Ni (%)Cu (%)Pt (g/t)Pd (g/t) Tonnes (million)Ni (%)Cu (%)Pt (g/t)Pd (g/t)

Eagle's Nest Estimate History - July 2008 (our share closing share price July 28, 2008: $3.13) by the way nickel prices were much lower than today!
Indicated Resources
1.8	1.96	1.18	1.12	3.91
Inferred Resources
1.1	2.39	1.27	1.37	4.50

Look at the indicated & inferred note the nickel price back then and read the bold and underlined part. "could be profitably mined" look at the tonnage above again when you read that.

In October 2008, P&E Mining Consultants completed a preliminary economic analysis for Eagle One (Eagle's Nest) that suggested that Eagle One (Eagle's Nest) could be profitably mined. Both P&E reports interpreted the Eagle One deposit to be truncated at a depth of 200 metres from surface.

In June 2009, hole NOT-09-049, a vertical hole drilled at Eagle One, intersected two intervals of mixed massive to disseminated sulphides. The first lens was intersected between 270 and 510 metres and the second lens was intersected from 750 to 950 metres depth. The initial interpretation was that two additional lenses of mineralization, similar to the Eagle One deposit, had been intersected. This prompted the name change from Eagle One to Eagle's Nest.

Follow up drilling determined that rather than three distinct lenses, the Eagle's Nest deposit was a sub-vertical, continuous magmatic massive sulphide body ranging between 100-200 metres on strike and 25-75 metres in thickness. The deposit has been traced by drilling to depth 1,200 metres and mineralization remains open at depth.

AS of DEC. 31, 2009 see below.

At a nickel cutoff grade of 0%

Measured Tonnes (million)Ni (%)Cu (%) Pt (g/t)Pd (g/t) 6.9 2.04 0.95 1.3 3.4 Inferred Tonnes (million)Ni (%)Cu (%) Pt (g/t)Pd (g/t) 4.3 1.42 0.87 0.8 3.4 At a nickel cutoff of 3.0% Indicated Tonnes (million)Ni (%)Cu (%) Pt (g/t)Pd (g/t) 1.3 5.31 2.16 2.8 7.6 Inferred Tonnes (million)Ni (%)Cu (%) Pt (g/t)Pd (g/t) 0.3 4.60 1.17 0.6 6.3