Gold Discovery Potential of the Cancet Lithium Property, page-125

Lost interest on a late payment of that small sum if money was neglible and if Luc Schuss truly believed that the Cancet deposit is worth a billion dollars then it is unlikely that he would have sold those shares if they had been released from escrow on time because the market capitalisation did not reflect anywhere near the value he sees in the deposit so any damage is doubtful. We do need to settle this claim however as it appears to be impeding our progress, we need to raise capital but at this price the dilution is not attractive. We would dilute by 50% just to raise a little over a million. If we give Luc Schuss 10% of the company and start drilling Cancet again then our market cap should begin to reflect the value of the lithium, we could then raise capital for minimal dilution. What I'm trying to say is that by giving away a percentage of the company we will suffer less dilution than by raising capital without being able to develop Cancet. The only way we lose is by continuing with the direction chosen by the current Board. Compromise is a win win situation for every shareholder, Luc is unlikely to win the entire tenement in Court IMO.