Hey Sherman,

I'll give you my take on it,

We build our self up big for the freewest take over.We throw all our ammo on this ambush, and we get defeated by the giant Cliffs.Some say it was planned to fish out a major, and for exposure, some say they just really unprofessionally messed it all up(hostile takeover,messed up on a release that ended up being halted then re written and our SP tumble).

Then after we ran out of ammo, we get a release stating blah blah blah and we have stoped drilling for the holidays(mid january if memory serves me right).The stock tumbles some more.

Then we have a blockade,the local natives are pi$$ed that a world class mineral deposit was found in their backyard(this from the exposure that Noront wanted to get)they are not happy that no one has consulted them for all this(rail line going through reserves,logistics disputes,envoroment issues,something to do with a landing strip closed because it does not meet standards, ext..).The natives stated this blockade would end feb 18th if all parties agree or the sisues, and then that does not happen and now the natives want a MOU signed before they move this blockade.There is conflicting talks about the blockade would be moved if the mining companies would share the pie with them in form of shares,jobs,% or whatever.This is what i think is happening.Wes des not want to pay more than he thinks he should to solve this issue, but i don't think he has ever been in this situation befre, and he is losing(just like FWR takeover).That makes two loses in my books.Our SP tanks some more.

They have release an updates resource estimate almost quadrupling the eagles nest, put out a PR on AT12 holes, they have sent a slew of cores to get retested for gold(triple J), and i tihnk they drilled a few holes at the nest before the blockade, so might see something from that.The problem is all the releases were sent out during this blockade would we did not get any gain from(i think it went up from 1.50 to 1.70 in a day) the next day i beleive and started comming back to 1.50 again and we now sit at 1.45, with no news really to come, a blockade is still there, no one really knows what would solve the issue(goverment,mining companies,both), Eagle hill shot from .12 to a high of like .62 in like 4 trading days, SPQ and KWG went from .05ish .055 ish to i think a high of .14 on rumour of buyout from CLIFFS i believe.

Hope i convered most of what happened, i think you get the just of it.Either this BOD messed this all up on perpuse for a cause, or maybe they are just still learning, i don't know, but it came as a shock to alot of people including me.

Take care

IAMS