Well said.

I 100% believe that Fung has been targeting $5.00 per share for awhile when he mentioned the fair value of LC settlement should be no less than 2B. (Adjusting 2B with note holder debt along with approximate diluted share of approximately 350M, the average price per share is around $5.00 each).

After one year of waiting time and this late stage of the waiting game. I personally believe that the company already has some offers on the table ranging from $1.5 - $2 at the minimum due to the attractive gold price. Therefore, Fung was selling some equipments in extending the waiting period from 4Q09 to 1Q10.

Scenarios on my head are:

5% of mining LC at the end.

5% of $5 settlement with Ven

10% of $4 settlement with Ven

20% of $3 settlement with Ven or buyout

30% of $2 settlement with Ven or buyout

20% of $1 settlement with Ben or buyout

10% of Chapter 11 filing.