I am not sure that NOT's news will have any impact on FNC. They have finished the deep drilling at Eagle 1, a very expensive piece of work that is best done if possible from underground, imo. NOT still believes the deposit goes deeper, it may, but this differs from the thesis of Smith and Harvry who project Eagle 1 has been faulted off the main body which is located somewhere on FNC's claims. Maybe yes or maybe no I don't know and there is not enough geological data put forward by the companies to say one way or the other. Based on the geoghysical data they have it is hard to understand that there is not enough data to establish that a northwest trending fault exists. There is one detail that that supports Peters position of the fault, that being the fragments of Ni/Cu sulphides that he intersected at shallow depths.

The fragments of Ni/Cu are located east of where FNC is drilling at hole 10-19. It remains to be seen if this deep target gets into the main body of sulphides but if it does then the body maybe substantial in size. I say this because the fragments of sulphides have to come from a larger body and it is not reasonable for the framents to go both southeast of hole 10-19 and northwest to the Eagle site. One side of the fault would move in only one direction but in geology just about anything is possible. JMO

In any event it's great to see a deep hole planned and in progress to test the high conductive zone near 10-19. Maybe all is not lost at C1.

mh