If you have a long time frame none of this matters except that this low price is a huge buying opportunity. Unfortunately the stocks are linked together in a strange dance -paper on paper. An offer of paper for paper between two juniors seems, in retrospect, to be doomed for rejection and perhaps is a blip along the way. In the meantime more ore will be found and value will be forced to be recognised - maybe NOT and FWR will both be taken out in one fell swoop - down the road. Clear as mud?