YES! And it is the total real value that is UNDER PRICED with this PP Proposal.

Same for the Dec. PP offered up by NOT's new BoD, Tax Free as that one was!

Surely, if KWG as Operator this Exploration Year, proposes an expanded Drilling Program SPQ could easily await the Results before deciding to meet KWG's Expendatures unless they both have worked out better Cost splitting arrangements since early last year. And if the wrangling through out ALL last year was to do just such a new Expense Sharing Arrangement, it would have been decent of both to let their Share Holders know, as in the specific details of such a new Arrangement. They were very specific on ALL such matters in the past. Now there is too much silence on the matters that really matter to share holders desiring to be kept reasonably well informed.

I only hope this PP, if it is completed (and now I would like a better Strike Price - as in the $0.09 PLUS range), all the proceeds become dedicated to single-mindedly proving up the length and more of the depth of the 'Big Daddy' Deposit and opening up the PMG and Ni suspect Zones and Anomolies. And in short order!

This can be done!

They know full well where to drill to prove up the Cr and suspect they also know much the same with respect to the PMG's which have settled out in colse proximity to the Cr.

The Ni/Cu (with associated PMG's and Au/Ag plus possible Zn and Pb) may be something else to be sure they hit the RICH ORE Spots in it's more richly Mineralized Zones within the apparently large disiminated Zone(s). But in the process of drilling the Cr they will surely continue to hit these other Mineralized Zones as well.

Old Joe