Anatol - I think it is a pipe dream in this market to think the...

Anatol - I think it is a pipe dream in this market to think the fall in share price is anything other than a recognition that the company is now virtually worthless. It has no cash, is burdened with debt and has absolute greenfield exploration permits (where now no capital is being allocated by anyone - i.e. no one puts any value on them anymore). Certainly they had some bad luck, but management has proven its incompetence in dealing with the situation and shareholders will now pay the price. Pray for a white knight - otherwise its goodnight nurse for these guys. The only light I see is that the bank is also stuffed if these guys go down - so they will keep them afloat just long enough (under a very tight leash) to get their money back - then its good night nurse.