Hi Canseco,

I was reffering to the purchase of INCO by VALE and NOT Voisey's Bay by INCO. If INCO with the VB assets and every thing else in Sudbury and other world projects was bought out for 12.3B, getting NOT bought out for 30B is going to be very hard to do if not impossible. That is why I believe, and management seems in agreement according to their latest MD&A that we will become producers at some point. This will be the only way for shareholder's to truly see the real value of our tremendous assets.

Glorieux

For the record, Inco bought the Voisey's Bay deposit for 4.3 Billion, not 12.3.

This number represented 40% of the known insitu value at the time. Robert Friedland's negotiating tactics were mainly responsible for the high percentage, along with the competing bidders ego's.