Hello BigIsBest,

As you know, Richard can't and won't tell you any insider information, however he will expand, with detail, on what is going on regarding the recent news releases.

On this occasion, I contacted RN to inquire about Bold. Rencore has had several NRs in recent weeks, whereas Bold has not. Basically, I was asking if things were coming together for Bold as well. The answer was an enthusiastic, "yes". They are still working on agreements with the First Nations communites, and I got the impression that Richard thought they were close to finalizing.

They are still expecting to drill this summer.......My hope and guess is that we will hear something soon.

As you know, anomaly 53-A is the priority for Bold, as well as the excellent conductors, 52-A and 52-B.

I also asked if he still believed that we should "hang on to our shares" regarding Noront. He answered, "Well I still have most of my shares".

I my opinion, our chances of success with Bold and with Rencore, are as good or better than at Eagle 1. Add to that , the fact that there are only about 30 mil shares outstanding with each company, and that we are now likely close to infrastucture announcements.

Regards,

Canseco