Vila -sounds like your promoting the BIG SCORE.

I'm long until the end (perhaps 1 to 2 years from now with luck).

I read one book all about Voisey's bay and Friedland. Was it called the Big Score? (Which anyone who hasn't read it should read it, so that you'll understand any frustration I have and also so you'll have patience to ride the current dip in stock price.) Friedland got the stock up to the equivilant of 170.00 or something. First he lucked into Voiseys then drove those drillers day, night, morning, like a mad man until success. After the first strike, which in itself worthy of a mine, the stock dipped with a long period without strikes.

Inco offered a third of what he thought he could get for it. But he would need a second bid strike to continue "negotiations" which seemed more like tyrades.

Along the way he played the big interested parties. Inco, etc... against each other until the second big find. This second big find was the final bargaining chip that drove the stock skyhigh until buyout. But he knew one thing -you have the goods or you don't. Similarly, without it, P.Smith's bargaining power will be limited.

Hence, the source of frustration with this company. Even though P. SMith is a man of integrity, frustration derrives from P.Smith's lack of aggression and realistic drilling plan. We have no bargaining power without a single mine for a healthhy buyout. Not even Noront's E2 can produce a mine, and Chromite won't do much at the bargaining table when we have a JV with NOT and FWR.

Hope will last only so long, before it runs out and our stock with it. We need that first mine-worthy-find to drive our stock up. We need a drill plan that Friedland would approve. And we need someone aggressive enough to negotiate once we have that find. Numbers per ton does not equate to money, without a personality to enforce it when negotiating with a company that is trying to represent it's own shareholders. I like P.SMith's academic background, and it's good for blogs, but that goes only so far in a business. I'm in this for the money. Anyone think differently?

Stock Greed.