Thank you. You took the words right out of my mouth (or from the tips of my fingers, as the case may be).
I hate to speak for others, but I believe that the water issue is of the utmost importance to shareholders at this point in time.
Yes, it should be considered a a "material event" as it will likely have a dramatic impact on the PPS when it is finally and definitively stated by PCFG that the issue has been resolved.
The "fixing the water" is a material event < but the only way they can prove it is with higher recovery rates. We will know soon enough. August is not that far down the road> I do like what i see in the 1ST Q of 2012