GPB - you think Hollister is a really special property right? Great grades, I'm not sure they are the highest in the world, but even I agree they are really good. I think it's a great property too. So it's a great property with tons of potential and 'gold is money, nothing else is.' I'm completely on board with all of that. And then there is Waterton. I have nothing but respect for them - they are indeed very sharp - they run private money for clients and they are good at it and they charge accordingly - you can ask around when you get to Toronto - everyone who knows of them will tell you they run a tight ship and clients pay through the nose for it. Here's the problem - you aren't their client. None of the GBGLF shareholders are. There was an auction, they won it - why do you think they are going to bring non-paying non-customers along into the Hollister sunset? That's actually the really big problem in bankruptcy when the asset is really good - other people want it all for themselves as cheap as they can get it. And bear in mind I've been doing this for 10 years - mgmt never stands up for equity when they don't own equity. Equity has to stand up for itself - but the only ones standing up for themselves are creditors. Bankruptcy is a fight over assets. "Business Rescue" - the S. African term for the process - it's not "Equity Rescue"....I think some people here don't see that distinction. Caveat Emptor - not you, I think you know what you are doing - but everyone else.
