Your attempt to 'rain on our parade' is just that the terms of the deal are known. The new investors are taking up $ 120 million in notes for a 35% bonus at 20 % pa interest payable at the end of the 5 year term or perhaps deemed sooner by management. Predicated on a $ 1 Billion pre-ICSID settlement out 1 year then the new notes+35 %payout would leave approx. $ 530 million/400 million shares. Should the award be greater, say $ 1.5 Billion then common would be looking at $ 2.00. The upside potential to common share price given a GRZ deal with Vz, a buyout offer, a settlement, a deal with the Chinese, or even the Chinese or a major (Goldcorp, Barrick) participating in the private placement would be huge. So if the new investors essentially get access to 35 %+note repayment and they pay $ 120 million for that 35 % then that would mean the company would have a value of what on the remaining percentage, $ 0? I don't think so, it would mean that on a pro-rata basis the stock would be worth close to 60 cents. Trading yesterday at 20 cents on Toronto the 3 fold upside potential is, in my opinion, more attractive than participating in the placement. Generally, large institutions have a policy of owning holding Amex/NYSE listed stock and not ones held on the Pinks. Moreover the question to ask oneself is who bought all those 10's of millions of stock and who continues to hold them? So before you decide to 'rain on our parade again' please do so with accurate facts.

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