Lochan: Doing the arm chair quarterback thing, IMO, porter should be working on things in this order:
1. Getting all things done to get the funding/operators to start exploration on the mines. Mining season has begun and I know they were originally targeting March to start. Not sure where they are on this. Obviously, per the agreements, this does not cost anything, but won't yield income during 2012.
If they can sample, assay, drill and map out a resource on one promising property, maybe they can get a well established mining company to either farm in or sell the property outright, using proceeds to explore other claims.
2. Making sure that oil well #1 is brought online in Q2 as stated.
3. Look at acquisitions, yes for stock, with hopes of a divy.
4. Then work on the other avenues. I know nothing about the seafood business, if it exists, how big it is or how much the porters own of it. I do know the specialty paint business is a development company where lou owns 1%.
5. The resort business is capital intensive and most of these place fail.
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