"As promised, and the end of this month and after so many years, ISM is to report on the second phase of their Micon Ni 43-101 Resource Report."

Nickel77 where did you cook up that bit of misinformation? As promised by who? I have never seen any mention of Phase 2 being reported and I have not seen a firm date on what was talked about in 43-101 mentions. Please show us where anyone from the company has said that phase 2 is forth coming?

Here's what I have read publically in 2 NR's: One is from Ian and the earlier one is from Randy, as it is now technically Q2, I would say that Ian's ETA may be the more accurate forecast and it looks to have superseded the earlier date.

Feb 03/11:

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=38133638&topic=ISM:CA&symbology=null&cp=null&webmasterId=92583

"We have long believed that Langmuir was a world class, high tonnage-lower grade Ni deposit much like that of Mt. Keith or the Talvivaara deposit in Finland. It is very encouraging to start to see the data coming in to support our theory of the project. We look forward to aggressively advancing our program and to producing an updated 43-101 report within the next 90 days, which we are confident, will clearly demonstrate the significance of the deposit" said Ian Stewart, President, Inspiration Mining.

Nov 02/10:

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=35306174&topic=ISM:CA&symbology=null&cp=null&webmasterId=92583

"Chief Executive Officer, Mr. Randy Miller states: "We continue to be encouraged by the significant progress being in the field in identifying meaningful additional tonnage of nickel mineralization at our Langmuir property and look forward to providing an updated 43-101 by Q1 2011."