Roos...

Hope things are going well in the "Big Apple".

I haven't received a call back from NN yet. When he does, he probably won't reveal any names behind the private placement. But I do want to ask ask him about his pending exploration program i.e., any more testing? how many rigs? number of potential drill holes? any specific anomalies? etc.

We haven't heard yet that the SPQ pp has closed; so we need to wait until we know that SPQ has the money in the bank. JD mentioned that SPQ had $3 mil more in the bank, and was wondering why that wasn't being used. Whatever the situation, the drilling won't begin until the pp closes.

So there are lots questions. But, and I've said this before, Neil Novak is of the "old school" - loose lips sink ships. But he is onto something. And it is big. IMHO

Right now the chromite horse race is between SPQ and FWR. Should be fun. And if UC enters the fray, who knows!

Snug