Thanks for these rainy day toughts djje! I feel a little rainy myself however, I appologize in advance...

I am certainly happy to see NOT at his 52 weeks high as everyone. But I recall that not so long ago, 40 cents was a cruel LOW, and it is funny to notice that the very same 40 cents raised then a completely different reaction on this forum! Love/hate relation!

NOT is at a very distinct stage of development than ZEN obviously, the latter being more at where NOT was 5-6 years ago: a low-float discoverer of a huge deposit, with clear and safe water around it, no predators lurking around...

I see tremendous potential in Noront, but what worries me right now is the increasing presence of external players who may well take their game before we can even see the next dollar run...

Don't forget that RCF owns about 18% of Noront, and has a $15MM Bridge Loan maturing next February that will rolls into a Convertible Loan maturing in December 2015. Starting February 25, 2014, RCF will have a right to convert this loan in shares of Noront at $0,45/share (about the actual SP!!!). This would bring their holding to near 30% of Noront. Adding to that the presence of Baosteel with 10%, and other insiders and institutional holdings, I do fear that retail holders could be bound to take what wcould be considered to be a low-ball offer before next summer!

There has been no exploration drilling during the last financial year despite the huge potential for more significant discoveries (just have a look at the description of our properties in the last AIF, wow!). Needless to say that a reaching discovery would have a powerful bouncing effect on a coiled share price like NOT's seems to be now.

Question: If you are RCF or BAO, do you want the drills to talk or to stay quiet now? For my part, I would prefer to deal first with all the financing for infrastructures, permits, constructions, while increasing my holdings at low prices with convertible loans and PPs and warrants until I am in a controling position (at near 30% I will be there!!!).

So will we, retail, still be aboard when the train will finally get to the station? I hope so, but I don't expect RCF to be my guardian angel along the way...

GLTA.