How can we not be excited about todays NR! Visible gold and gold today up $32 and heading nowheres but up; oh and it is currently at $915. How much gold is in the ground? I also know some of you noticed the following statement taken from the NR specific to the darling of bay street and it is worth repeating:

"The other main project is the Double Eagle polymetallic project in northern Ontario, where impressive nickel, copper, platinum, palladium and chrome mineralization has been identified by drilling. Two diamond drills are continuing to delineate the Eagle Two Copper-Nickel-Chromite mineralization and one drill is testing other geophysical targets. We will be providing an exploration update on the Dougle Eagle project shortly."

We have lots to look forward to!

The main concern I have currently is not about NOT, but the overall weakness in the markets. I continue to hear and read lots about the negative sentiment toward the overall trend in the markets which is offset with the strength of the metals. Consider this quote from a market timer:

"The Nasdaq Composite closed at its lowest level since April 15 while the Dow closed at its lowest level since September 2006. It is ugly out there folks, make no mistake about it. We told you that this market was going to go down hard, and our forecast was once again right on the money. Markets that do not rally during a favorable time period (month end 'window dressing' and an upcoming holiday) are telling us that they are weak indeed. Every time the market tried to rally, fresh waves of selling appeared to send the indices to fresh lows on the day. The Dow is now down 19% off of the October high while the Nasdaq Composite is down over 17%. "

Incidently, the above market timer is very bullish on the metals and see much higher prices going forward. Bullish metals pricing and positive NR's (we do expect an update on Double eagle shortly) can and should help our SP.