"I expect to be likewise with news from deep drills from Eagle"

As do I, Ed. However there will be no visuals given out on these holes, from what we have been told. If they have two deep drills operating, they likely have the first set of holes completed, and maybe one wedge from each of them. If so, the results from these holes will be available around the end of July-mid August.

The above fits into my long range plans quite well, as I intend to unload my holdings in SPQ sometime between now and thursday morning.

The next bump in the road I see as coming from FNC, as it will be the next one that gets a move made on it, and NOT following shortly after.

My strategy after SPQ, is to move a third into FNC, and the two thirds into NOT, so I am quite content to see the SP flounder a bit here, and I would love to see it plunge to sub $1 for a bit. There has been much written on these forums about how FWR and now SPQ have been or are being raped and pillaged for a fraction of their value, but look at some facts;

In early 2009, I was buying FWR as low as 14 cents. THe buyout came in at 91 cents.

In late 2009, I was buying SPQ as low as three cents. The buyout offer sits at 19 cents, and will likely settle at .22 or so.

If you apply the same or similar ratios to NOT at 1.10, or even as low as .80, it still tells me a buyout will come somewhere in the $5-$10 range. It isn't the 20-50 dollar figures we threw around a couple of years ago, but I would love to have the problem again of deciding whether or not to accept that $ 7.43 I rejected in late 2007.

Best regards

K