His health was in serious condition 4-5 years ago (I believe P. Sheridan had a stroke) and he tended to sale most of his assets. He preferred to have a cash settlement like the case of Champion. Peter was in upbeat mode when the talk with Posco was in progress. I had a couple of phone calls with Peter at that time and I made a weekly conversation with Debra. We were supposed to get a paycheque out of the deal. Unfornately, the deal fell through, but this time, it met Pangang's specification over a year and I believe Peter is in China now though I have no way to confirm this. If all of these are true, he made a big milestone this time. I want him to stay in China rather than coming back to Canada with empty hands.