I think the Big Sky JV is a bit of a give away because it is such a large collection of claims and adjacent to the former mines that produced millions of ounces of gold. In time, I believe that significant gold will be discovered there, and mined. For me, the domniance that tyhee has in the Yellowknife Gold Progject was a great uber-long term asset that, once the first mine at Ormsby begins to operate, will have future value. Now, half of the entire Big Sky asset is given away for what, $500 grand? Yes, it is also in part a "thank you" gift for other support tyhee gets from them. Overall it is part of a focussing on the mine at Ormsbay, cutting off of Nicholas Lake ore and this deal on Big Sky is part of this focussing. In part it may be necessary due to tight money, and in part as a new philosophy to really put going into production as job #1. Had tyhee not spent money exploing Big Sky in 2007/2008, it may have been a good idea. but that is hindsight. They could just as well have hit a home-run on big sky. that's the risk of being an explorer. You have to spend money to find gold. But now money is insanely hard to come by, thanks to the death-spiral of the US currency.

They may be doing the right thing. I'll give them the benefit of the doubt. But still, it feels like a give away of a potentially strategiacally important (and big) collection of claims.

GS