Not much to analyze in the latest 10K. Dilution up the wazoo is the main takeaway. They will have to deal with Earll at some point, the road they have been kicking the can down doesn't last much longer. We need more info on the tolling contracts before any analysis or judgment is possible, but I doubt those contracts will be enough to deal with the Earll situation. They need funding for legal settlements, exploration (including Sinker rehab), and the leach system. Hopefully rumors of funding in the works will pan out. Once again, hope is based on the mountain itself, not on PQ. Maybe the new guys can get us to a point where the company value reflects what is in WEM.