"So invest based on the company hold. Management comes in at second at best."

Wow Edgy, can't agree with this one. Management is what keep the "company hold" safe. They are the people who are smart enough, talented enough, connected enough to make things happen. I'll take the doctor with great skill and a sparse operating room over the butcher with the latest in technology any time. FWR/SPQ were explorers who had little savvy on the biz end compared to the NOT BOD and now they're history. I think you'll find, in the end, it is their collective talents that will make NOT a winner... of course the goods included. The stuff in the ground could have been taken already from those with lesser capabilities. The NOT BOD has been slammed muchly but I suspect, as I think K said, that they will be seen as Gods in the end when most are happy with the gains. We wait to see.