Isaiah,

I have a different view. I view a major aspect (not the only one) of the old shareholders rights plan as being a means of job security for the active management of the company. Forgive my directness, but there is far less likelihood of a management shakeup if the impediment to takeover is employed. But that also might serve as a potential impediment to vital funding as in the GORO story that I referenced.

Here's my take - more like a WAG - on the current situation. These new shareholders are comfortable with Dr. Webb, and vice versa. So they agree there is no need for a poison pill since the major shareholders would be in agreement to maintain the status quo regarding management. This opens up all sorts of possibilities for a producer to buy into Tyhee and reap similar financial rewards (5-10x their investment and growing) as Hochschild did. So we have the ideal situation IMHO - Webb worrying about our reserves and resources and how to locate and define them, and Black and Sonnenreich taking care of the business and marketing ends of the business.

Strike