Breakout of bottom Alert, page-2

The recent strong increase in the price of palladium should allow for lower cut-off grades in the pending scoping study and hence an increase in resource (compared to previous calculations).

For the resource calculated in the previous study (from the company's website: "Skaergaard is located on the east coast of Greenland, approximately 400km west of Iceland. It is one of the world’s largest undevelloped gold and palladium resources and has in Indicated and Inferred Mineral Resource Estimate, reported in accordance with the JORC Code (2012) of 203Mt at 0.88g/t gold and 1.33g/t palladium at a 1g/t gold equivalent (AuEq) cut-off grade and minimum mining thickness of 1m."), the gold equivalent grade more than doubles from 1g/t gold to 2.21 g/t gold.

With any luck we should see a serious re-rating of this company if we don't get taken over for pennies before the current value of Skaergaard is proven and the company can act (be it spin-out, sale, JV or development).

IMHO