I think everyone is missing the point with this announcement. In recent history, Noront has always downplayed the true meaning in any news release. In the Sept release they were finishing the chrome drilling by end of Sept, and were in the planning stages for the winter drilling program, which would usually start right after the new year. All of our speculation is based on the idea that NOT did not have any drills turning at the moment.

The chrome results are good, and will, at the end of the day, contribute considerably to our net worth, if based only on the fact that Baosteel is there because they want the chrome, but---

If this regional drilling is chasing something tangible, we could have the needed catalyst for the short term, and if they have pulled some good core we have our answer to a lot of the questions asked over the last few days.

At any rate this is good, as everyone agrees another nickel hit is what would open us up, short term, and we need drills turning for that to happen.

Best regards

K