This garbage about PQ wanting SFMI to fail so GHDC can take it over has been brought up and then been immediately and thoroughly refuted many times before.

As far as I know, all the claims are on public lands and are renewable.

GHDC owns some of the claims (less than 200 acres) and leases them to SFMI on a 15 year lease, renewable for 5 more.

SFMI owns another 1000+ acres in claims of their own, as well as the mill and the Sinker tunnel (although the Sinker tunnel is subject to royalties). WEM is not a monolithic single entity, there are also other claims scattered around the mountain.

Details are available in the filings. The filings also include a notice that PQ et al. have conflicts of interest between GHDC and SFMI.

Why would PQ or any of the other members of management want SFMI to fail, or do anything to make SFMI fail? They all have substantial amounts of SFMI stock. If SFMI fails, not only does their own stock become worthless, but they would have to clean up a huge mess at high cost. GHDC might get back their claims, but there would be a risk of losing everything SFMI owns, including SFMI's claims, the mill and maybe the Sinker. Even if they managed to keep it all, they'd have to put a lot of money, time, and effort into starting another company to get things going again. Do you think they have the luxury of doing that?

In short, PQ et al. have a huge stake in seeing SFMI scucceed, and absolutely no reason to want it to fail.