"You just take the Eagle 1 tonnage and times it by 3"

A rather simplistic view of the mineralized situation given all that you know about Eagle One. X's 3 is a scenario that's viewed by the recent participants of the PP and most shareholders as being at the least a "bare" minimum.

You should also consider the following:

The likely hood that the lenses are all interconnected

The likely hood that the mineralization continues at depths below known depths.

The likely hood that the mineralization continues well beyond the 300 + meter stepout

"Drilling at the Eagle One deposit resumed on May 21, 2009 and five holes (2,286 metres) have been completed to date. The objective of the drilling was to follow up on the significant mineralization intersected in hole NOT-08-44 (reference January 23, 2009 release) and to provide deep (+1,000 metre) platform holes for Borehole Electromagmetic (BHEM) survey"

"Hole NOT-08-045, which failed to intersect the mineralized zone in 2008, was deepened in 2009 and intersected 46.12 metres of nickel, copper sulphides. This zone starts approximately 375 metres below surface, whereas the previously interpreted limit of mineralization at Eagle One was about 225 metres below surface. Hole NOT-08-46, drilled beneath hole 045 failed to intersect any significant mineralization. Hole NOT-09-047, targeted 100 metres below the mineralization limit defined in the Eagle One Technical Report, intersected 2.15 metres of nickel, copper sulphides including 1.75 metres of massive sulphide within a 55 metre thick peridotite zone considered to be the keel of the conduit that hosts the Eagle One Ni sulphide deposit. Hole NOT-09-048 was drilled beneath the extension of the Eagle One deposit intersected by NOT-08-044 but remained in granodiorite to the bottom of the hole"

"Hole NOT-09-49 was planned as a 1,000 metre platform hole for BHEM survey evaluating the depth extension of the Eagle One mineralization. The hole was located at the northwestern contact of the Eagle One conduit. Visual inspection suggests the hole parallels the contact between the peridotite and granodiorite for its entire length. This hole intersected two zones of disseminated, semi-massive and massive sulphides one from 269.54 metres to 510.69 metres and the other from 749.7 metres to 945.67 metres, more than tripling the known down dip extent of the Eagle One mineralization to greater than 900 metres. The current results provide no information regarding the true thickness of the newly discovered zones because the hole was designed to follow the mineralization down dip and determine vertical continuity. Subsequent drilling will test these zones at higher angles to establish thickness."

As announced at the luncheon it was determined that we were at hole #58 in this subsequent drilling program.

Now you/we are also well aware of the "rumored" step out of 300 + meters from hole 49, and you are also aware of the reports of the mineralization content in this "step out" hole as being near equal to that of the mineralization in hole 49, now then, not if, but when the news release comes out with the strike extension where will that leave the X 3 calculations ?

Borehole EM surveys have been performed on holes completed by Noront in 2008 to the south of the Eagle One Deposit in two similar dikes called the Eastern and Southern Dikes.

"The results of these surveys are being utilized to guide drilling in and around the Eagle One anomaly. Assays are pending on all of these results and will be released when compiled and completed."

Its my thought, mine only, that holes NOT 08- 037/038/039 in the southern part of the claim unit 3012264 have had BHEM done and have provided the information for said drilling of the step out location. If this pans out this would put the step out hole to the south of 49 trending toward NOT claim 3012259 and as they say...on 100% NOT lands.

That being said, till we get "official word" in the form of a news release and updated drill plans we wait.

Yes we must wait, I know its' hard but wait we must.

Bring on those new assays! and bring on Winter!

Notster.