DoLittle, looking forward to that update, thanks in advance.

Here's a little note regarding the NOT warrants, i post this excerpt of a pm to me with permission.

"Forget the takeover battle for one moment.

If I offered you warrants in Noront with a strike price of $4.00 for 22 cents a warrant, would you buy ?

(Please note as at Friday's closing prices - NOT 2.57, FWR 0.88 - they actually cost 15 cents, unless you take into account the immediate tax liability incurred by the Cliffs deal, in which case they are free).

The FRW institutional holders have already decided - these warrants were aimed at them. Maybe retail will catch on, maybe they won't.

Noront are also offering to get these warrants listed on the Toronto exchange so they are tradeable before being in the money. Again, I think the value of these futures and options may not be understood by the lay investor."

Sure makes that warrant a heck of a lot more attractive.

Rob