Thanks.....I knew hole 81 was decent and welcome, but I didn't think it beat hole 49. But for sure I am no mining man. I will accept your interpretation. I do know enough that it would have been nice at at12 but hopefully, one ( or more ) are coming.

I still think the economy and markets have too many people worried about the future. It will take a lot more to move " our Baby " than many realize. I am not negative about Noront, but the real danger is the markets. Until that black cloud is lifted there will be a lot of moaning and groaning........." are we there yet " mentality.

I may be out of step with most people also that the chromite is more important than the nickle. To Cliffs the deposit in the Ring of Fire is much more secure as a supply than anywhere else in the world. To get it they need the infanstructure. In that way we will benefit. There is lots of supply for the nickle markets. However, if we had a booming economy I would then rate the nickle ahead of the chromite. But that would not minimize the chromite and make it unimportant. That " whole ball of wax " in the Ring of Fire would be getting the attention we all are looking for it to get.

The downside of all this is allowing Cliffs to capitalize on the economics we face and grab what they want for fire sale prices. Cliffs faces problems too, as do all the others who may have their eye on the Ring of Fire. There is a real danger the markets could double dip and experience the blow-out of just more than a year ago. These companies are hoarding cash to stay in survival mode. You will not see any great spending until we get over the debt and money cricis we face. So Cliffs will be very reluctant to pay too much more for SPQ and KWG. They got FWR much easier and much cheaper than I expected. It is going to be an exciting summer.........and then follows September and October...UGH!!!!!! Liz. ( P.S. I forgot November when tax loss selling debuts. )