Eik, I agree with what you're saying as it relates to the original mineral bank model and the current miner model, but I still believe Keith/Management are willing to:
1) sell certain properties outright.
2) do JV's or partnerships with other miners in the area of our properties.
3) require some form of royalty deal if a property isn't sold outright.
So, I still see them doing deals as the opportunities present themselves. I would be surprised to see them sell a property like Springpole outright, but any of the others would seem to be fair game at the right price.
IMO the name change to First Mining GOLD will be a big positive for the stock down the road because as the bull market heats up anything with gold in the name will get attention. I still say that Management wanted to change the focus of mineral bank to miner in an attempt to get higher valuations on our properties. That obviously hasn't worked to date, but IMO the only thing that would help that situation is higher gold prices.
My best case would be a combination of selling some of the properties outright and mining the better properties ourselves. Getting rid of as much of our share dilution as possible for the time when we'll possibly need financing to become a miner. I would see the share price much higher from here if that can be achieved.
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