hangas,everyone's calmed down now, I see. I agree a CR would be...

hangas,

everyone's calmed down now, I see.

I agree a CR would be foolish in this market. We had the Holdfast flare show, - no reaction really. Ride the market down, down, down... and then go for another CR so quickly after the last one at 14c? It would be at 8 or 9 cents, the price would drop to that, and then a "generous" TO offer from the consolidation-players we know are about - at about 11 cents reresenting a "35% premium".

No thanks. Up to Carl to avoid this trap.