I wanted to mention again the larger 12-18 month strategy mentioned by Nemis and Novak at last fall's Noront AGM.

All of these men and their companies (SPQ, NOT, FWR) layed out a clear strategy of joint ventures and drilling which continues to unfold. To me this morning's SPQ NR is a clear indication of this strategy.

Upcoming assays and 43-101s will also be part of this strategy. Although the technical and geological wording in the NR is basically "Martian" to most of us, it still provides glimpses of potentially very large capital gains to those smart investors who have been using these Agoracom boards for due diligence.

There is another 12 months or so with this initial JV strategy. What's going to occur over those 12 months? (Remember, this isn't written in stone.) Who knows? But my guess is that it's going to be very exciting. This is the mining version of high stakes poker.

My dream scenerio would be that Noront, the ROF flagship, bust up to $30 - $50 over the next 6 months. Before the NOT AGM in November, Nemis says to his buddies Novak and Watson, "Let's talk merger over a bottle of Dom Perignon."

Nemis then inks a deal for $3.00 share SPQ and $12.00 share FWR. I apologize in advance if my numbers are too low.

Snug