It is hard to guess what Cliff's might have in mind for "ROF". As mentioned before it does raise the spectre that we would become a partner with Cliff.

It also could affect some of our short term thinking. Perhaps we should advance some of our actions such as getting the next $500,000 invested and get our 55% sooner rather than later. I heard Jim say in the interview that he would put some money on the table to do more exploration in the ROF as soon as some revenue started to come in from LaYesca. If Cliffs had any intention to take us out in the future which may or may not be valid...it would certainly give us some leverage to have some major drilling underway on key locations that we have been working on for last several months.If we found something it would up the ante many times.

So once the 55% "earn- in" is in place ..if we put $2 million on the table it would have to be matched (approx) by JV partners...maybe we should start that negotiation now and put in place an agreement with SPQ and Kwg...otherwise Cliff's as our new partner and possible suitor could take the postion that they do not want to participate in any new exploration at this time. In short they would sooner negotiate or try to takeover a dormant property..ie...if there was anything on the property they would sooner find it after they acquired the land not before. My reasoning is based on a whole bunch of speculation but we are very close to a 55% vs 45% JV partnership and our next step to start some serious exploration would require co-operation with the JV partners whoever they might be. Just some thoughts to mull as we see what might unfold. I'm sure JIm is well ahead of all of us.I would much rather work with SPQ and KWG than Cliff's JMO.