There have been some very interesting posts over the last few days. Most of them probably are a result of frustration waiting for news that we all know is coming. What will this news consist of?

It now seems a certainty that there will be news detailing the location of a supposed chrome smelter, and this location could be virtually anywhere from T bay to Timmins, or even China, (someone even suggested Prince Rupert????) .

As a shareholder, looking for the next bump to come, does it really matter? If they decide to build a smelter in Nakina, rather than retrofit existing infrastructure in Timmins, will it greatly affect the share price of whatever entity here you are invested in? Not likely.

However, this anticipated announcement, will have to include a delivery system of some sort (rail, road, pipeline?), and the combination of the two will take the Ring of Fire to it's new level, and that is what we are all waiting for.

Although there has been no announcement as yet from Noront, there should now be 6 drills turning in the immediate area (fnc, uc, not). Everyone of these drills has a target they are chasing. We can hopefully anticipate they will continue non stop for the next 3-4 months, which should give us somewhere between 40-60 holes in the ground. With the improved technology available it is an easy assumption that they will hit on 10% of these holes, which translates to 4-6 good hits by April. This is in addition to the emminent news we are waiting for, but has obviously been delayed.

Where else in this market offers better odds?

Best regards

K