Look at the market on FNC....

There are next to no offers...

Might have something to do with this???

TORONTO, Oct. 1 /CNW/ - Canadian Orebodies Inc. (TSXV: CO) ("Orebodies") is pleased to announce the discovery of an important base metal sulphide occurrence at its Caribou property located 35km southeast of the WSR-Metallex VDS (volcanogenic derived sulphide) discovery, announced May 22, 2008. The property consisting of 8 claims, 2,048 hectares, is owned 100% by Orebodies (subject to a 2% NSR, 1% each being held by Noront Resources and Temex Resources).

                         SUMMARY OF DRILLING
                         -------------------

TABLE 1 - CARIBOU PROPERTY TARGET 2-16

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 Hole   North-  East- North- Easting  Azimuth   Dip  Length  Observations
  No.    ing    ing    ing    (UTM)  (degrees) (Deg-  (m)
        local  local  (UTM)                    rees)
         (m)    (m)
-------------------------------------------------------------------------
CO-08-04  200N  65W  547396  5880012  80        -50  141  70.6-88.3 diss.
                                      (grid               iron, zinc
                                      east)               sulphides

                                                          88.3-88.7 near
                                                          massive iron,
                                                          zinc sulphides
-------------------------------------------------------------------------
CO-08-05  200N  65W  547396  5880012  80        -70  213  101.6-170.3
                                      (grid               diss. iron,
                                      east)               copper
                                                          sulphides

                                                          170.3-180.0
                                                          semi-near
                                                          massive iron,
                                                          copper
                                                          sulphides

                                                          180.0-188.1
                                                          diss. iron
                                                          copper
                                                          sulphides
-------------------------------------------------------------------------

Hole No. CO-08-04 was designed to test an Airborne conductor (2-16) that was traced horizontally for 600 meters in a north-south direction. The hole intersected disseminated to near massive sulphides containing disseminated sphalerite (zinc) from 70.7 to 88.7 (18.1) meters with iron sulphides (pyrite and pyrrhotite).

Hole No. CO-08-05 drilled beneath hole CO-08-04, intersected the sulphide zone from 101.6 to 188.0 (86.4) meters, this time containing minor chalcopyrite (copper) with iron sulphides (pyrite and pyrrhotite).

The holes at the Caribou Property were drilled to test an EM conductor with coincident magnetic signature. A portion of this conductor was surveyed on the ground with Max Min II EM where two distinct lenses were observed being 150m to 200m in length. The holes were drilled in the northern lens and further drilling of both EM conductors along with more detailed ground geophysics to better outline the lenses (including mise-a-la-masse resistivity methods) is recommended.

Notwithstanding the foregoing, visible observations are estimates only and pending assay results may not confirm visual observations in whole or in part. The dip and strike of the zone have not yet been determined and the true width cannot be determined at this time.

Drilling has been temporarily suspended as the company awaits assay results and has arranged further financing to proceed with more detailed drill testing on the Caribou Property. However, drilling still continues on Orebodies joint venture properties in conjunction with partners MacDonald Mines and Temex Resources, as announced Sept 24, 2008.

A second property, the Crossroads Property, was also diamond drilled to test Airborne EM anomalies 8-1 and 8-2, with two holes totalling 367.4 meters.

TABLE 2 - CROSSROADS PROPERTY TARGETS 8-1, 8-2 AND 8-3

-------------------------------------------------------------------------
 Hole   North-  East- North- Easting  Azimuth   Dip  Length  Observations
  No.    ing    ing    ing    (UTM)  (degrees) (Deg-  (m)
        local  local  (UTM)                    rees)
         (m)    (m)
-------------------------------------------------------------------------
CO-08-01  20N  400E  539146  5888505  190      -50    185  97.5-101.0
                                      (grid                diss. - semi
                                      south)               massive iron
                                                           sulphides

                                                           101.0-101.7
                                                           semi-near
                                                           massive iron
                                                           sulphides

                                                           101.7-114.0
                                                           diss. iron
                                                           sulphides
-------------------------------------------------------------------------
CO-08-02  95N  900E  539951  5890574  355      -50  182.4  No significant
                                      (grid                mineralization
                                      north)
-------------------------------------------------------------------------
CO-08-03  10N  300E  539386  5890337  348      -50/  18.0  Hole abandoned
                                      (grid    -60         in overburden
                                      north)
-------------------------------------------------------------------------