I believe the future for the current company is bleak and...

I believe the future for the current company is bleak and deservedly so. With the huge amount of debt the company is in they should have gone under before Christmas. They have been kept alive by misinformed investors. The administrators will eventually sell the mining leases, the only valuable assets, to a properly run mining company and then we'll see the gold come out of the ground. My prediction is less than5 million ounces only (only!) not the 11 million ounces CTO goes on about. For $20 million you can become the major shareholder even having more shares than ML. However, I don't think the Board would allow this. My thoughts only. DYOR.