The BoD thinks this will get our SP higher faster. The market has proven that development companies with such a long lead time get crushed in share price. Exploration companies can get dramatic results if they are successful. Noront has spent good money on high end ground geophysics and now has identified high priority drill targets as you know. This deal with Probe and how the NR was written confirms that they are going back to spending more on exploration and less on development.

You can chose to see it as good or bad but the fact remains that the market is hating Noront as a development company. Hopefully we are successful in our quest for a new Ni/Cu PGEs ore body...the rumors say we already have been but the volume yesterday seems to indicate those rumors are false. Time will tell.

G.