Not at all but what I'm saying is they haven't yet proved up any kind of size to go with the results of one hole. One hole only indicates they've got a shot at proving up a deposit. Maybe it will turn out to be economic, maybe but for now, AT THIS TIME, nobody knows.

We're a bit on different tracks here, you're looking at maybe were I'm looking at has or probably has. It's why smart money is paying the premium to own Noront.

The odds on Noront finding what they have at DE 1 were astonomicaly against them. Now they found it the odds of finding another have dropped hugely but they may not have dropped that much for the whole 'Ring of Fire' area. That, dropping of odds, will only come from the exploration companies drilling targets and proving up resources. This will take a lot longer than 12 months and in the meantime Noront will just power along as king of the hill.