So under the information provided by Wolfie. I think we fall under the following:

The following are examples of situations when disclosure must be made:

#6. borrowing of a significant amount of funds:

Well we do know that with Ni selling at what it is we will not have enough money likely without borrowing more money.

#10. firm evidence of significant increases or decreases in near-term earnings prospect;

McWatters hit preproduction this week - doubling at least throughput in the mill (PR 15 Sep 200 - 600 tpd) and during 4th qtr 400 tpd and during Q1 production may be increased to up to 1400 t/d. By early Q2 2009, production may be increased to 1600 -1700 tpd.

#15. events of default under financing or other agreements;

None has been given

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so we do know the above. We know the company has been working on the financing. No where here do we know the terms of the financing or have we seen the financing. I asked Gary last week when does a financing become insider information and he said once he has seen the terms delivered to him. Well for months on the web behind the scenes we have all discussed financings because we knew this mine could not be brought to full production without some form of financing. Anyone looking at what Ni was selling at and who had looked at the Feasibility study at $12.50 per lb US knew there was going to be shortfall in planned revenue. In the last MD&A we knew revenue was down. Now I have not seen anything printed telling us the terms of this financing. I believe certain assumptions but nothing has been said about what the terms are. We just know that there are choices out there. So do we know that the market will like this financing?

Did the market like our preproduction? Our SP is down. Do I like our preproduction? Yes!. So do we know what the market will do when this financing is announced? Usually a sp becomes volatile and goes down? Crazy from our track record - it might actually go up! So if we buy shares on Mon - we buy the stock because we like the stock and for $0.17 or $0.19 we consider it the best buy for our money. We offer the price we want to pay. So is this Insider trading - I don't know but to me it is the way the market is right now.

In the news for Sep 15 they talk of reduced industrial off-take amid weak trend in global markets. Well on Fri - regardless I bought a few shares because it is rediculously low and I still like the stock.