SS76,

Here are my thoughts on your post.

(1) The economic statement you refer in your post came out Nov.16, 2015. You can't prepare a report like this overnight.

Gravelle wanted the Feds to match the Ontario 1 Billlion. When preparing this economic statement...it was difficult to pinpoint an infrastructure start date since money matching was required by the feds...and we had the FALL FED elections.

A lot depended on WHO the FED leader would be.

So...the Liberals threw out a ROF infrastructure "start date" into this report ..as a guess only.

(2) Trudeau won as Fed leader and was sworn in only on Nov. 4, 2015

(3) it wasn't just the matter of one billion by FEDs....As we can see by the Flurry of Trudeau/FN rated news releases......a lot has been neogotiated with the FN's..

education increase, water treatment plants, revoking transparency act....etc etc, etc.

(4) the original Fall report came out Nov.16 and Nov 3....Noront threatened to

" halt spending on its Eagle’s Nest project in the Ring of Fire by the end of the year if it does not see any progress. In that scenario, Toronto-based Noront would lay off most of its workers and go down to a skeleton staff.

That would be a major setback for the Ontario government, which has made the Ring of Fire the centerpiece of its Northern economic development plans.

Sources said Noront is optimistic that its shutdown threat will get Queen’s Park and the First Nations focused on moving forward on this file. However, the next few weeks will be critical.

“When things come to a head like this, it gives people a bit more clarity and gets their thinking caps on,” said one source."

(5) So what happened after this threat?

Noront raised more money to do exploration work. The RCF loan which was extended to Dec.31,2016 back in Sept. 2015...as per Sedar...is now changed to an earlier date....

Looks positive to me.

(6) Gravelle, Back in Nov. , in the Ontario Legislature ,stated that Thanks to the Minister of Finance....Ontario's 1 billion is LOCKED in and at a transfer agent.

(7) there has been tremendous pressure in media to jumpstart the economy PRIOR to waiting to release a FED budget due Feb-March 2016.

We don't know what has transpired behind the scenes since Trudeau was sworn in. Everyone seems to be quietly working behind the scenes.

Noront hasn't issued a new threat since Nov. 2015...and they did not HALT spending on Eagles nest..... :)

actually they raised money to spend ....more.

Keep all this in mind