First: I had a chance to meet and hear Richard speak (in person) for the first time at the AGM. I now understand how so many long time supporters have fallen in love with him and the stock. His candor and passion are both things I sincerely appreciate.

Secondly: His decision to proceed with the PP earlier this year was probably influenced by doom and gloom forecasts by JPM at the time and the urgency to prove up as much in as short a time as possible. Thus balancing making a deal with the devil (hedge funds) knowing the potential risks associated with this, but knowing full well how much we need cash to prove up resources. Perhaps being overly (hopeful) optimistic about drilling results as protection.

Third: Following the PP a blip of support in stock price to initiate the exercise of warrants attached with the PP. I suspect this was the doing of Genuity in isolation. The lack of appreciation by management of this somehow led to a falling out with Genuity. Subsequently the shit hit the fan as per JPM forecast. Share price dropped and set the stage for a new plan of attack by those involved in the PP. Read into it let's hammer the share price and flex our muscles when opportunity presents itself. That's just business!

This was followed by the untimely delay in highly anticipated drilling results followed up by mediocre nickel assays and a lot of confusion regarding chrome.

So now we have Genuity peed and PP participants peed and the financial markets debacle running rampant. Where are we sub $1.00 share price. All that being said, we ended up with what I consider the best possible outcome of the takeover attempt.

We now need to focus all of our energies on drilling.

To quote Griz "Drill it and they will come"

PS Griz I hope they're coming after your diamonds!

Greg