I would characterize this offer and any rehash of same as just feelers.

I'd say anything below $10 today is not worth serious consideration. Mind you I expect that Initiation Act to be returned. Once we are well on the way with the mine construction, double that price will be more reasonable.

They are feeling us out because they see the potential and hope to nip the bud before any event that could raise the price out of reach.



It also would not surprise me if a potential buyer with serious intentions would contact some of the large investors as to what they expect as a buyout price. Thay would need to do that because of the large hold by company insiders who are likely to be holding out for higher offers.