Noront Resources Ltd. V.NOT

From FWR Board

[gmazerolle]

Hi guys I'm backi:

              The Fact of most clarity is that in the presentation  They said and agreed that they will gross 1.4 billion a year for 30 years - capital costs will not equal that amount.  I understand why they did not want to give us their estimate of a rate of return they are playing with.  The markets may have gone mad..

               As freeman and Mapmaker said this is a great deposit.  I am willing to suggest that it is the best chromite deposit in the world bucause it has BOTH    THICKNESS and Large High GRade sections as shown by the Probe PR today - their 200 meters or so is the wedge between FWR and The JV with spider and KWG.

                What the heck is the hurry

    Does someone think that the NOT offer would be accepted??

   Does someone think that if NOT was successful that Cliff could not take them out??

    I know we are dealing with thousands of shareholders with different routes to a profit end.   But I cannot see someone understanding the enormity of the vision here who would not hold there vote till the facts on the deposit can be completed.

            I can also see Danali hesitating to cast a shadow over Mac's work - the chit chats could end. 

            I did think that Mac may be buying time BuT He must believe that HIS shareholders are not likely to listen rationally to the view that he wishes us to follow.  So in a rush (he had another week)  The terms are not good enough  and we now have a bunch of mice tring to take an elephant out.  How much easier it would be to follow Mac on the road we all want to travel - MORE PROSPERITY.  

            I am believing that I can help deliver 40% or more no votes on this deal - The SH';s would have listened to you too Mac.

           I will talk about the gravy  not on the table  tomorrow - I intend to have something each day so that new readers get the message.

Vote NO to both "deals"

KASM