Iliad payments were to be finished this month or next- Not sure exactly when w/o looking it up. There is still quite a bit of debt according to the last 10Q, w/ many of the payments (such as the mill property mortgage) in arrears. I assume any funding agreement will deal with such things.

As far as PQ vs CQ, CQ seems to be much easier to talk to, w/o the arrogant huffy front. When I asked CQ about mill operations, he answered easily and seemingly knowledgably, though one still has to wonder why the mill was operated at a loss for 2 years at ~20% efficiency. I suspect PQ was making any and all such decisions.

With all of the rumors, speculation, potential mergers and funding, talk of other sources of revenue etc., it's easy to lose sight of the main prize in all of this: WEM. Remember, according to all of the available information and evidence, WEM is still potentially one of the richest and highest grade deposits around- certainly in such an optimum location in the US and near infrastructure and cities.