There is plenty of work going on behind the scenes.Mr.Smith is going overseas to visit family but will be back in time for drill start-up during the second or third week of June.The plan,as I heard it,is to drill to indicate the value that Peter is confident does exist at McFaulds and then,of course jv with the area leader.This may be the reason that NOT did not spend a bunch of money drilling there as they are waiting for FNC to start up.Nemis however,like a bad kid on Christmas Eve did have to tear at the wrapping,so to speak,to sneak a peek at what may be inside.These two men may have alot closer dealings than some would imply.There is perhaps also news upcoming of the large iron deposit,Magpie in Quebec,and one figure being tossed around is 1 BILLION tons of ore.This is a 50/50 jv with Sheridan Platinum.We'll have to wait for a NR on that one,hopefully before Peter sails for "Jolly Old" GLTA.

cs.