gentlemen

holes 1-4 have been drilled.

cores sent to sudbury for cutting - further observation... fine sulphides in core - supposedly - how much does it run.. won't know until assays and that will take time. point is if it runs any nickel then in effect it proves up NOT reserves even more - does this mean at some point they jv - gotta be in my estimation

hole 5 currently being drilled on c-1

flow thru financing i suspect is close and will give funds to get to other targets c-5 and c-6 which are also interesting... some jv targets with probe are also a possibility.

NOT is drilling AT1 and south of eagle 1...so two drills in area

Magpie.. there is some work planned to drill a few holes and prove up the resource - billion tons of iron ore.. there is a 43-101 report on this - but it only summarizes the 50 years of work .. current drilling will get it to current standards and a resource estimate which will be HUGE. Magpie either has money or can easily raise some... remember this is a private company owned 50% by fancamp and the plan was to do IPO - maybe that changes and they JV it..

point is this is not a one trick pony - they have other properties just like NOT has windfall - potential values could be spun out.

the fact that fancamp trades at <10% value of NOT does not make sense - but then again this market makes no sense.

lets be patient - Peter is Not Nemis and does not have communication eloquence