It would be real helpful for shareholders if the company presented a detailed plan of attack with regards to the Sinker Tunnel - what is the current status? What are the current impediments? What is the budget and project time line?

It seems like shareholders get bits and pieces of information both publicly and through the back channels along the way and from my perspective a lot of the information is contradictory, distorted and incorrect. Not that I necessarily know what the correct information is; however, when there are contradictions something is obviously wrong somewhere.

In some cases I've heard that permitting is not required at all in the Sinker Tunnel and we are not waiting on permitting. However, what is required is approval by MSHA. It is my understanding that they received approval by MSHA in 2010 (which anyone can check with MSHA for themselves if they are so inclined). As I said in a previous post, it is my understanding that they do require an environmental impact study. Who knows what else is required in the process?...maybe the company doesn't even know everything they need in the process. The answer lies somewhere between Silver Falcon Management, MSHA and the BLM to the extent they need to be involved. Surely the company must know what else besides funds is holding up the process.

Shareholders deserve to have reasonable expectations set forth by the company so that they can make their investment decisions with the most reliable and consistent information possible. Any shareholder that looks at the amount of dilution that has occurred and the lofty salaries that the Quilliam family is awarding themselves from shareholder's pockets needs to demand answers, information and action from management. Anyone who asks for or expects anything less deserves just that.