Massive in this case refers to to massive sulfides, where sulfides carry minerals and are so dense in this case they appear uniform. In massive sulfides, the average nickel grade observed at Eagle 1 so far is around 5%. A hit as rumored of 50-70 m of massive sulfides, even at depth of 1000m would be extremely bullish for the company. These massive sulfides not only have high grade nickel, but high grade cu, pt, pd and some Au and Ag giving this rock a value often over $1000 per ton. When you consider that each meter of mineralization drill represents 25tons of rock, this makes this rumored hit, very, very impressive and would send our SP to over $3 very quickly IMO. I was told by the company that we will no longer be doing vertical holes which tend to exagerate our ore body but rather take the high road and drill it as steep plunging ore bodies are usually drilled, using scissor holes at 50 and 60 degree dips. If that was the case in this rumored hit, WOW is all I have to say. However, as the last NR showed us, many rumors are false. I am not saying this one is but until it is written...

House 85, Scotia has been dumping heavily since the last NR. Without their constant sales, our SP would be higher. I believe they are done selling and we now have a double bottom with a close over $1.80 as Goldstar40 has mentionned so I would expect a rally tomorrow.

Glorieux