Winter drilling was cheaper but SPQ/KWG was not drilling at that time..

We spent the money for 43101 and achieved not much result

Without PP, the JV work in fwr will be affected

KWG at one time talked about to be the operator for 09 drillings, may be now is time to change

Without the PP, NN may have to rely more on the salary by Noront

Within the last half a year, situation had changed so much, Nemis gone and NN looks like cannot stand on his own..

Share price may drift down .

My investment in NOT and SPQ may be stagnant for another few months at least.

NN at one time was named as the person with good rapport with the First Nations, but we have no detailed information of how NOT structured the agreement that had just signed.

Current hope: UC may hit something in the JV with SPQ/KWG

bh