ddstock ...

Finding chromitite/chromite/chrome deposits will be a good thing. However, I think all of the miners including FNC want to also bring up some nickel, copper, and PGEs.

I'm not a geologist but my conversations will Neil Novak on the evolving geological model of the ROF seem to indicate that finding beds of chromitite will lead to a good possibility of ni-cu layering below those beds.

So finding chromitite is good. However, in the absence of (i.e., the drills need to go deeper) massive sulphides with ni-cu, we are left wth the questions "Who wants chromitite (ferrochrome)?", "How much chromitite do we have?", and "How much will they pay?"

Clearly the understanding of the significance of huge beds of chromitite by mining company management, the large investor, and the smal investor is confused. So with this confusion the share price of NOT, SPQ, FWR, and potentially (because we haven't drilled yet) FNC waffles on small volume.

Finally though, I honestly believe that the talent of the many geologists at McFaulds will win the day. Two or three large and valuable strikes will be made this year in this region of the ROF. FNC has as good a chance of one these strikes as any of the ROF juniors.

IMHO.

Snug