1 positive that some have mentioned.....the carnage of last week also had low volume. This doesn't mean the last week hasn't been painful but we all just have to keep our eye on the ball and the numerous positives that this play holds.

Also, say the royalty comes in at 5%, how long do we think before the 1st takeover occurs and at what premium. I'm thinking the first bid comes in around $15 and quickly goes to between 20 and 25 from other suitors.