Good Morning Not

Yesterday I went running… actually, my running is jogging, with a bit of walking mixed in…. that’s the third time this week. I just started.

The thought of running a year ago or ten years ago repulsed me… I couldn’t stand the thought. Running is something I figured I’d be poor at… and running would take too much time and effort to become good at.

When I was younger, everything came easy to me. I was an athlete, I was smart, etc etc. apparently I have (had) an ego… lol… running, something that took time and determination… my thought then was “why bother?”

As I’ve grown older, I have grown out of shape and unhealthy, two things a man in his early thirties shouldn’t be… It’s not easy to make changes. I’ve known I was on the wrong path health wise for many years. As Al Pacino might say in Scent of a Woman, “I’ve always known the right way, but I never took it… it was too damn hard.” Well, that’s how I’ve been… but, too reach my current goals, I will need to take many small persistent steps…

As I was running, my mind wondered and soon my thoughts turned to NOT.

I suppose I liken NOT to the running journey I have just embarked on… humbly I say this and please follow me….

Like NOT, I’ve come along ways…. by some measure I’m a success…I’ve gone through university (discovered Eagle 1), I’ve gotten married (discovered super high grades at Eagle 1), I’ve gotten a real job, (Eagle 2), wondered if I had the right job and kept looking (Blackbird 1), realised I was in the right field (and found Blackbird 2)… along the way I’ve been blessed with children… these I can’t compare to anything of NOT’s…. lets’ just say the rest of NOT is potential…. And here we are… NOT share price under $2.00 off from above $7.00 and me, wondering what is next for me in life as I’ve done all the things that “they” tell you to do, but certainly feel I am capable of so much more.

I can tell you… I’m going to spend the next few months running, 3 or 4 times a week putting one foot in front of the other. If I have some success, I will set bigger goals, goals that seemed unimaginable only a few weeks ago. Like me, NOT will continue to put drill after drill in the ground. As they continue to have success, I feel NOT will grow into a company many of us likely don’t think possible today… especially given the current share price…

Can NOT get back to $7.00 plus? Can NOT find a few more Eagles? Can NOT show the world there Chrome deposit is world class? With persistence and a strong plan, you bet they can… and my bet is they will.

Will there be some challenges to NOT along the way? You bet… the biggest two I see are staring us in the face right now… they are staring every junior miner down.

First, a very poor market… almost all juniors will become liquidity concerns as money will be hard to find and if a junior can raise money, it will likely be at much deflated share prices… my second concern, as many junior shareholders are underwater, what affect will tax loss selling season have on our shares?

The good news, these issues will NOT affect NOT’s current business plans… share price yes, but business will be business as usual at NOT as we are cashed up… and tax loss selling will come to an end at some point.

NOT will continue to pound the earth with Johnny and June, and now perhaps Jim (Jim Croce) and Cat (Cat Stevens) and our 5th drill… let's call the 5th drill Neil (Novak) Diamond... Somehow I can already hear Neil belting out… “Chromite……. You’ll be a major deposit soon…” or….

“Windfall’s fine the sun shines most of the time, and in Quebec the feeling is laid back. Gold glows and tunnels grow, but you know I keep thinking about making my way back… I’m Mcfaulds raised, and now a days I’m lost between two depostis… nickel/chrome and gold I know, tough to imagine a company with any more… two bonanza’s I say….” I digress again. And, sorry Neil.

Today, I told Mrs Wallace what a difference a week makes… today I am full of piss an vinegar for the future… my best days are in front of me… no doubt about it… my bet, the same is true for NOT…. Dick, Neil, John, Jimmy Mungall and the gang are likely all full of piss and vinegar ready to run… and show us all the best days for NOT are in front of us. We are going to get there.

And today, no comment on Fannie Mae, Freddie Mac, Lehman or Washington Mutual, Merryl Lynch or Wachovia…. another day I’m sure.

We are on a journey.... and we have some very good guides.

regards

cwallace