Wes' nov 22nd comments to Pete (cupcake) and Paul S. to me Nov 7 re:- non sp/dillution efforts by management appear to be delivered by todays Windfall sale plans, as heavily implied in these interviews.

There is factual substance to these (Wes/Paul) management pronouncements and credit is due. There is now enough money to support the lobbying sales efforts/tech supports for permitting during the time it takes to replace the incompetent and ethics-lite Ontario government.

The "a number of (financing) irons in the fire " (Wes) has significant credence and the exercise of the BAO options on/before june 2/2013 looks also to be highly likely. Also, the NOT mining production timeline (2016) is still in place, is making CLF a non leader in the RoF first to mine derby.

The very recent Fed gov job creating infastructure financial support/garantees announcements ($billions for PQ/Nova Scotia power; Nunavut iron) bode well for projects opening up Canadas northern resources and security, both social and national.

Lets hope that the feds dont wait too long to guarantee the fed portion on RoF financial guarantees for infastrure, given ON's pathetic financial/status.

I would hope that our latest BoD addition is pursing this in earnest and will soon produce his first results. This would certainly help the ON PC's in the coming run up to the impending spring election.

Peter