You are so right......mr C the 10 looked bad as they do, but the ending paragraph says a lot
"As reported in our prior filings with the Securities and Exchange Commission, we are seeking funding through debt and equity placement and/or through a joint venture participation or sale of all or part of our 37,000 acre mining concessions. To that end, one of our former officers has spent a substantial amount of time in the Pacific Rim facilitating meetings and discussions with interested parties. Under confidentiality agreements, we have provided legal, geological, and technical information to these interested parties. Discussions to date have focused both on a joint venture arrangement to further explore and develop the property and the proposed sale of all or part of the 37,000 acre mining concessions. As of the date of this filing, discussions with such parties are ongoing, however, we have not received a definitive offer or term sheet from any third party, and there can be no assurance that any transaction will result from these ongoing discussions"
but noon and parties did not come just to walk away....only thing moving tomorrow is the share price going up...........