I got a small correction from DW, and will share.

The powerpoint presentation I posted link to is good, but the delivery of the terms of reference for the DAR, as you have seen at:

http://www.reviewboard.ca/registry/i...

There are 3 documents from 30 January. There is a Draft Work Plan which has the latest timelines from MVLWB. These, as I posted, have moved to the right 3 months on the sumbissio of the draft TORs, but Tyhee can make some of this up in the 6 months alotted for writing the DAR. In fact, I read a DFO posted document replying to tyhee on some of their work on DFO related aspects of the DAR, showing that Tyhee has been working on the known knowns.

So we lose a few months here, and make a few up there. There are always the Rumsfeldian "unknown unknowns", that could cost some time. But the key wiggle room is based on the Feb/March 2011 ice road season, as it's a tight window for getting the materials and heavy equipment in place. All parties in YK understand this, and it mey help keep the process moving along, particularly when we get further along.

As discussed, any windfall decision for GNWT or Ottawa to fund some infrastructure, like the realignment of the permanent road solution for the south portion of the TCW Ice Road for the diamond mines, would greatly help Tyhee in relieving the winter road limitations.

I printed out the timelines from slide 16, and posted them on the wall. Next step is to set up a second TFSA (for the wife) and get her to pack another 36,000 shares into it. Jan 2010 TFSAs, unfortunately, will have to be piled up at a much higher SP, as by then we'll be through a dollar.

That other poster, hoping to see low SP continue, will be sadly dissapointed by the end of Feb. RRSP season, and portfolio re-alignemnt is starting now.

On another issue, currency defaults are rising. Russia has burned through over 400 billion US dollars out of 650 billion of foreign currency reserves, and now down to 200 billion. IF they keep defending the ruble, in that 26 to 41/USD range, they'll be cleaned out of their reserves within a month or so. Same thing happened to the UK, when they tried to defend the pound against Soros. Same thing was hapening ot the US under Kennedy and ultimately Nixon, when they had to stop riving out gold for $35/oz. The were within months of burning thorugh their gold reserves.

The more we see CBs realize they are using up their reserves, the more likely we are to see hyperinflation start / currency devaluations / currency defaults. The more this happens to everybody but US, the more the US falls behind the curve.
Something has to give.

I "got" Tyhee.

SKELEG