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dmbao

03/24/13 7:31 PM

#131178 RE: es1 #131177

You are assuming that Scott isn't being truthful that work is not continuing on the report. I don't agree with that.

Since I believe the PR, that work on the report continues I'll wait until we get e report or further information.

After that we'll see if the SOE makes a move on the property. If they do great, I hope a deal can be struck as they are a good JV partner IMHO. If not we wait until the next group comes along. No one has any idea of how long it will take to get a deal but the global market is making a deal more likely as time goes by.

I am not one of those who expects a deal any day nor believes a deal is done at this time. The SOE has spent the last 9 months investigating this property and appears they asked for a further extension and where denied, and once their due diligence is complete they will hopefully make a play for it but that isn't a guarantee.

We will see. This stock remains a someday play in my mind but I'll reevaluate once the processing report is complete or we get a further update.