No experience with R/S, but I am curious as to what real options CD has now? The sector is highly depressed. Issuing more shares now will dilute us considerably if he find investors. Appears he has no JV on the hook, or at least he is not communicating anything positive. (actually not communicating squat) Credit Market might be an option or possibly just take what cash is left and hunker down until the sector improves. This is particularly frustrating when the overall market is hitting new highs almost daily.