With respect Googleye, "raped" is not a term I have used and unfortunately that $6 million is in expenditures by Eagle Hill , not into the coffer of Noront. What's done is done and this stocks moving forward as it should be with 49 and its sisters on the horizon.

Either way, until these conditions are finalized, we still own it.

Terms and Conditions of Acquisition:

Under the terms of the Agreement, Eagle Hill will, subject to a financing condition and regulatory approval, be entitled to earn up to a 100% interest in the Property, in the following transactions:

1.  a 10% interest upon payment of a consideration payments of
    CDN$600,000 and incurring expenditures of CDN$500,000 on the
    Property;
2.  a further 41% interest upon incurring CDN$2,000,000 in expenditures
    on the Property; and
3.  a further 24% interest upon incurring CDN$2,500,000 in expenditures
    on the Property and consideration payment of $400,000.

The Company will retain a 25% carried interest to the earlier of completion of a bankable feasibility study (the "BFS") or a commitment to take the property into commercial production after which the Company would be responsible for its working interest of additional expenditures.

If Eagle Hill does not complete a BFS or commit to take the project to production, then the Company will have the option to purchase back the 75% of the Property, within the applicable period from Eagle Hill.

At the time of completed BFS or the project has commenced production, the Company will have an option to either:

a.  convert all of its interest for a 2% net smelter royalty ("NSR"); or
b.  retain a 25% interest in the Windfall Lake Property and be
    responsible for its pro rata costs to go into production and will
    receive compensation for its costs to date from production after
    certain expenditures are repaid.
regards
Rob