Completely agree, now is the time to do the hard work, I just don't see much of that happening, not that it isn't, but there is no communication to bring us to that conclusion.

I used this site as one source of information when I bought in as well, not the only DD but certainly looked at it, read and learned. I just think the amount and qualtiy of the information has waned significantly. Not to put anyone down on this site, but there just isn't the same level of information. I actually received an education in mining and minerals here, now it isn't the same.

The only other thing I can add, as a manager of people, departments and business; generally speaking if praise is desired then performance is required.

Agree.

Cheers to you too

Edge, I beg to differ on one small point. The PRIMARY responsibility of any BoD is to create shareholder value. Part of that is to have a well define plan as to how they are going to do so. Neither of these things is evident with the current BoD. Take a look at the SP from the day they took over till now and see if there is any 'value' added by this BoD.

I'm long term NOT and will stay for a long time yet, but have been silent for quite a while and I am starting to feel frustration myself. The communication from this BoD is pathetic, and I don't believe they really have a true vision or short/medium/long term startegic plan.

There certainly has been a lot of complaining and quoting of various numbers and I think we all have the right to voice our opinion, positive or negative, providing it is legitimate, factual information so that we all benefit one way or another from the posts.

In my mind I am very disatisfied with the current BOD. I've been a Nottie since 07 and from the time this BOD took over the SP has done nothing (but drop). Over the term of their management I have seen very little that I would classify as superior, rewardable performance. I do not consider creating and flogging gadgets a sign of performance for a junoir exploration company.

The current options are at 1.25, which tells me that the SP will be taken up to around 1.26-30 shortly after the new year at which time they will be in the black. As for the rest of us..????? does anyone hold options from previous transactions (I'm sure y'all recall the battle)? If so, how long will you have to wait?

The BoD of any company has a direct and important responsibility; and that is to enahnce/improve shareholder value.... it is their job...period. This BoD just doesn't cut it... IMHO.

Jeeper

Lets not get too excited.....

Health claims and debates

A pilot trial of 15 patients suggested that chromium picolinate might have antidepressant effects in atypical depression. A larger follow-up trial failed to reproduce this effect, but indicated that the use of chromium picolinate could help to reduce carbohydrate cravings and regulate appetite in these patients. A post-hoc analysis of a subpopulation of patients in this study that experienced high carbohydrate cravings suggested that patients treated with chromium picolinate experienced significant improvements in their depression (as measured by the 29-item Hamilton Depression Rating Scale) compared to those treated with a placebo. A more recent study focused on the effects of chromium picolinate supplementation on food intake and satiety. It indicated that chromium supplementation led to reduced cravings for fat, not carbohydrates.

Some commercial organizations promote chromium picolinate as an aid to body development for athletes and as a means of losing weight. But a number of studies have failed to demonstrate an effect of chromium picolinate on either muscle growth or fat loss.

There are claims that the picolinate form of chromium supplementation aids in reducing insulin resistance, particularly in diabetics, but a meta-analysis of chromium supplementation studies showed no association between chromium and glucose or insulin concentrations for non-diabetics, and inconclusive results for diabetics. This study has been challenged on the grounds that it excluded significant results. Subsequent trials gave mixed results, with one finding no effect in people with impaired glucose tolerance, but another seeing a small improvement in glucose resistance. A further study on obese adults with metabolic syndrome, was published in 2009, this found no significant effect on insulin sensitivity, but increased short-term levels of insulin. The study also observed no effect on weight or serum lipids.

In a review of these trials it was again concluded that chromium supplements had no effect on healthy people, but that there might be an improvement in glucose metabolism in diabetics, although the authors stated that the evidence for this effect remains weak. However, opinions differ on this conclusion, a review published in 2006 argued that these data instead supported the clinical efficacy of chromium picolinate for the treatment of diabetes. In 2006, the U.S. Food and Drug Administration stated that the "relationship between chromium picolinate intake and insulin resistance is highly uncertain".Initial concerns were raised that chromium picolinate is more likely to cause DNA damage and mutation than other forms of trivalent chromium, but these results are also debated. These concerns were based, in part, on studies in fruit flies, where chromium(III) picolinate supplementation generates chromosomal aberrations, impedes progeny development, and causes sterility and lethal mutations. However, other studies indicate that chromium picolinate is safe even at very high doses.In mice, one study observed that chromium(III) picolinate supplementation caused skeletal defects in their offspring. However, a two-year study of the long-term effects of this supplement in rats and mice found no effects on overall survival, or on the animal's body weight and food consumption, the authors of this review also found no evidence that chromium picolinate is carcinogenic.

Bidding wars heat up for junior miners

MARTIN MITTELSTAEDT

From Friday's Globe and Mail

Published Thursday, Oct. 07, 2010 6:22PM EDT

Last updated Friday, Oct. 08, 2010 8:18AM EDT

The mining industry is in the middle of one of its perennial takeover binges, delivering huge profits to investors clever or lucky enough to position themselves with acquisition targets.

The payoffs are nothing to be sneezed at. Recently announced bids for Canadian companies have offered juicy premiums, typically ranging from 20 per cent at the low end to more than 40 per cent above the share prices prevailing before takeover bids are announced.

The gains haven’t stopped there because once a takeover bid is announced, speculators and hedge funds inevitably pile into the stock of the target company, driving prices higher still. The latecomers are betting the odds are good that the first offers will be sweetened, or will attract other suitors.

Takeover offers have ranged across the entire sector, from junior iron ore explorers to the current high-stakes battle by Australian mining behemoth BHP Billiton for Potash Corp. of Saskatchewan. Some of the most frenzied activity has been among gold producers, including the recent deals by Kinross Gold for Red Back Mining and Goldcorp for Andean Resources.

Analysts say the takeover frenzy still has legs, with the best gains likely to come from junior companies with attractive undeveloped deposits. Any companies like Potash Corp., with a lock on a key global resource, are also high on the takeover list.

“There is now jockeying for the potential candidates,” John Ing, a gold mining analyst in Toronto at Maison Placements Canada Inc., says of investor reaction to the takeover wave.

Many junior companies have the potential to be “10 baggers,” or capable of rising tenfold, contends Mr. Ing, if they make good discoveries and eventually attract takeover offers.

Among the companies Mr. Ing thinks could be picked off is Centamin (CEE-T2.72----%), which has a nine-million-ounce gold reserve base and expects to raise output from 160,000 ounces this year to 500,000 by 2012.

A junior that could interest an acquirer is St. Andrew (SAS-T1.47----%), a company with “a pretty good spread of land in Timmins,” and East Asia Min. (EAS-X6.830.131.94%), which Mr. Ing says has one of the best undeveloped gold deposits in the world in Indonesia. “That’s one that I think probably a year down the road the majors will be fighting for,” he predicts. Another potential takeover candidate on his list is Aurizon (ARZ-T6.880.010.15%), which is active in Quebec.

Mr. Ing isn’t the only market player predicting that investors will be reaping more profits from takeouts, particularly among gold mining stocks.

“There are lots of companies out there that I expect will be for sale and ultimately will probably be taken over by the big guys,” says Charles Oliver, senior portfolio manager at resource-focused Sprott Asset Management.

Mr. Oliver says one name often mentioned as a possible takeout is Guyana Gold (GUY-T10.40-0.02-0.19%). It has a multimillion-ounce gold deposit in Guyana and a large, potentially valuable land exploration package there.

Detour Gold (DGC-T27.83----%)is also regularly caught up in takeover speculation. Mr. Oliver says the company is attractive because its assets are in politically safe Ontario and it has a multimillion-ounce resource basis.

A possible sign that a company may be in the gun sights of potential acquirers is when majors take a shine to it through minority interests.

Osisko (OSK-T14.550.110.76%)is developing a gold mine in the Abitibi region of Quebec that is scheduled to open next year. Mining giant Goldcorp Inc. has taken a 13 per cent stake.

Another junior exploration company that has attracted interest is Oromin (OLE-T1.40----%), which has a big exploration program in Senegal. It’s partly owned by Iamgold Corp. and Mineral Deposits Ltd.

Mr. Oliver says takeover offers are often bitter sweet from a money manager's perspective.

“For a short period of time you feel good because you got more money than it was worth the day before. [But] one of the dilemmas facing portfolio managers in Canada is every time you lose a company to a takeover you've got to try and replace it with something that was just as good.”