"Noront's latest news release was well timed to catch their attention. The next one will really open their eyes."

I have been thinking about "the next one", and I dont mean Crosby.

It seems to me that it (the next NOT NR) must be able to dramatically "catch their attention" of (one or more majors) likely via at least one of our current major SH owners ). Purpose: to both attract a +/- 10% NOT entry offer which secures foothold control of a consolidated NOT/FWR.

What will "the next one/NR" contain/when will it be released?

Is it possible it could another 5 holes to 14-1500 m ; still open with growing grades and growing depths?? Would this be the clincher to both ensure FWR merger (a manditory) and trigger the appearance of a major?

What is the timeline expectation of current major hedge investors? another 6 to 18 months??

It seems to me that at least one of our current four/five 9/10 % hedge fund owners will want to cash in "soon". Before Dec1.

Speculation of course, but also based on my reading about the general health of some hedge funds and their need to post some gangbuster '09 results.

Personal speculation of course.

Peter