Grade is too low so far at Lac Lamelee, hence the Friday nr i suspect. This property will not be enticing for any majors to jv or buy out despite how much tonnage there is imo. Especially with the massive amounts of supply in the region.

Peter was typically slow in getting out of the gate and drilling this property. And looks like the CHM share give away to Sheridan will cost us. At least that's my feeling based on the results presented to date. These are not stellar lenghts x grade compared to our peers in the area. I don't anticipate this project working out for us when CHM has nearly 4 billion tonnes in the area, along with our Peers!

He was slow with this play just like he was in joing the chromite party when he eventually realized after the fact that chromite was worth something after all. Very dissapointed about his lack of timeliness and moving projects along but i'm just beating a dead horse.

How long has it been since Magpie went private? 2+ years now!!

And the website?? Sorry, but this falls on him and i'm apalled we have accepted these standards and haven't demanded greater accountability.

If the PEA and Magpie fail to bring us a reasonable valuation, then i hope people will finally take notice and action that to oust him.

Just disappointed and losing hope with this guy. I do agree the NR was well written, but i just don't see the results the same as some of you based on the articles and fierce competition going on with junior iron ore companies.

GLA - we're going to need it.

Respectfully,

Eudai