I appreciate the frustration that is being expressed here, we are all down bigtime and the time horizon is being stretched beyond what was experienced in the last few years. But here is the upside of CFO as I see it.

1. The drills are still turning at breakneck speed, 6 - 9 drills turning and they have yet to miss on a single hole. The assays will come, the logging backlog has been cleared. Visual reports are not very bankable and with the mineralized intercepts having 3-5% sulphides, very difficult to describe mineralized zones clearly. Assays are being returned but in partial hole lots, CFO is being responsible by waiting for complete sets of assays before they report them

2. New property positions being added to allow for continuity of land holding along strike. I think that these new land positions will allow for drill rigs to set up and drill on extensions of the system that were unreachable previously.

3. Big news is the restructuring of the payments due the ladies that agreed to have CFO drill out the deposit(s). This is huge IMHO because it shows a great deal of trust in Harry and Fred and the ability of CFO to deliver a huge resource. It also shows a flexibility by these folks to adjust to what has to be one of the worst markets in decades.

4. Results on the tailings is due soon, just think, 220,000 oz, in milled rock, ready to be had with above 80% recovery. These ounces give the company many options.

5. A recalculation of the OZ in the intial 43-101 is underway, where will the number be? Ultimately multiple-tens of million ounces, maybe, remember the Quebec geology folks have written that this area has a huge potential at depth and the Porcupine/Destor is a giant maker.

Prudence is a virtue in tough times, but I don't see CFO pulling in the drills. I like the approach that will put out results when they add to the over-all picture, not out of a panic reaction to what is a horrible market. If the results are positive, then the SP will move and big suitors will come.

Patience is tough when we are getting slaughtered. Have patience... the drills are turning, the property is growing, the resource is being updated and like LauraI I believe this Star will continue to grow brighter with time and be visible though the fog to those that are looking to replace reserves.

Not investment advice, just my opinion. Increasing my position, wish it were as large as yours Loantec.