The share holders rights plan is a sound one, and I think that we can only benefit from it being in place.

Of note about poison pills is that ones adopted by management don't hold as much water as ones adopted by the share holders at an AGM. They can be legally challenged and stand a bigger chance to be overturned by a court.

This stock is being tightly held and I think that if the bigger players don't want to sell, they will not tender their shares. This will be managed by the big players and not necessarily the BOD.

Part of me wants to see what kind of price a take out offer would bring, and a possible bidding war, but the other part wants to ride this one all the way to production.

Time will tell, and I believe that all of the stars are aligned with this one.

I also wonder if management chose equipement that would have a cap to the flow test so that anything better would leave any possible suitor guessing as to what they really could get. Cat and Mouse game, very thrilling if that were so.

hats off to them if that is the scenario.

Andy K