I don't think that we were duped. I believe that Bob and the boys were just taken in by too much hope and made a couple of big mistakes. Instead of going by the book, which is tried and true, they took the short cut and a bigger risk than maybe was necessary. We have all paid for it in shares outstanding and a resulting low share price. But, if they had been correct we would all be very happy right now. I was willing to go along with them and take the risk just like many others of us. There are no guarantees in this business.

All of this doesn't mean that the goods are not in the ground, it just means that they haven't been found yet. Sure it's going to be a struggle to get back on track again but I applaud them for their tenacity. It seems obvious to me that the SNO group are not in this for the quick promotional buck. I think that they believe they're on to something. I guess you could call it being stubborn and ignorant but too many factors say that's not likely. As I mentioned, the presence of all the positive indicator minerals - the science says otherwise.

Some call this play a POS and other unflattering terms. I understand the frustration and I am certainly not beyond feeling frustrated myself. But, if you can see my point about the science and believe that SNO could still find a viable deposit then the other factors haven't changed. They still have an excellent location being so close to Yellowknife and all the benefits of that are a sure thing.

If you believe, then you might want to take advantage of the buying opportunity and keep your feet on the ground.

Holding for better days,

BGT