NORONTS TRUE VALUEtoday,and you can fight this as much as you like,but here its is,and the markets are starting to get a hold of it now,and thats why the selling,noronts ore value today is around $8 billion,it use to be back in the day that seniors would pay up to 10%,but thats all out the door now,cliffs and noront have changed the game,when both went after and cliffs won the kwr takeover,and that was less than 1%of ore value,so noront started this game,when they offered the tiny dollar value,so what do mngt think there resourse is worth?you see were they screwed up the bunch of monkeys,so lets give them the whole 1%,of the $8 billion,thats right folks,they are caped out at $80 million,hey they layed down the rules with its cheap offer,.40 cents is what they are worth at the moment,and have a guess were sp is going,thats right under .40 cents,not have a shot to get down to all time lows,if things dont change quick,THEY NEED HUGE TONNAGE NOW,NOT THREE OR TWENTY YEARS OUT,NOW,OR ELSE THE BLEEDING WILL NOT STOP,this you can take to the bank,the dilution that will follow noront if they continue to drill,will be huge,as the sp continues to fall,by the time they do get the 30 million tons,nots share structure will be so diluted,that sp will not move,thats a lock.the conduit is either on fnc property or probes,why do you think david and peter hung onto there tiny properties for,and gave the rest of it to noront,come on now,think people think,size doesnt matter,the biggest and most valuable presents come in small packages.jmho.