Thanks Wook. I'm not going to assume the worst (that management knows we're all in for a long wait). I'm going to assume that Doody has NO better information than the average retail investor that posts on this board (I have no choice). What irks me is that Doody's calculus tells him that notwithstanding the obvious spectacular upside....it's not worth the opportunity cost to hold. By all accounts he is not a stupid man. Perhaps with gold flying he has other surer bets so why deal with the BS. I know for a fact that many fund managers won't touch this till the permit is secured. I can see that philosophy woking for a retail investor....but an institution would have to develop a position over time. A double edge sword I suppose. The big money flows into the stock upon permit receipt....and the retail investor catches the wave before it gets anywhere near the beach. Who knows.