New closing HIGH, page-70

I'm not denying never never is a game changer, it is and that's what brought me here. but to act like previous technical, geological and operational failings would not constitute greater perceived risk by the big end of town is just ignorant.

from a production perspective you're only as good as your last outing.

my overall point being is there is a significant risk and time value of money SPR must take on if they were to produce Au here, themselves as opposed to being taken out.

in simple terms, would you rather 60-70c/share Spartan within the next 6 months (takeover) or 90c-$1 within 18-24 months as a producer with the potential for the ass to fall out of the SP via further dilution with potential cost blow outs etc.

speaking in % gain on initial investment and risk I know I'm going for the T/O.