OK why are the Chinese interested in our NOT? Yes we have a mineable resource with enough there to make some profit...but these guys don't mess around with small stuff which NOT sort of is at the moment in relation to other stuff on the planet. So, is it a strategic issue? We all know the Chinese want to be first in line for commodities so are they looking to grab the largest land mass that NOT owns to better take on CLF...or do they know something about NOT that we don't know? Regardless of how little they have invested in NOT presently, they will always look to speculate at least on that which looks like pretty serious stuff. Either way they want NOT for either strategic or mineral value .....or is it both?

Now what of NOT's timelines. Wes says we're on the cusp and that 2011 will be NOT's year. As I said before we have better than half the year left. Yep all the way to Christmas folks for them to make 2011 NOT's year. Everyone wants to believe that's right now...but is it? All the work they do for drilling etc. and core analysis etc. takes a long time. This is a big game and much easier for them, given what they know and have to do, to think in terms of quarters as opposed to the impatient retail waiting daily by the computer. The Fall at the very least could easily be the time to demonstrate some progress. The latter is not to say that the sp has to sit completely still. It could down, up , up then down, down then up....

We wait to see.