Sure Mappo,,, Usafa is good, respect... Looks like Usafa was looking at the one year mark and Vales reporting in earning as a probable time for Vale to announce a JV with Katx,,Makes sense Without Katx's mention, going along with Usafa's speculation Looks like it may be another year before any announcement Which does make sense, the agreement is for 3 yrs Vale needs to spend some 700K to earn in and they have only spent some 17k on grab samples http://gis.geosurv.gov.nl.ca/mrinquiry/License.asp?License=016909M