I'm sure management is working towards a solution. If the solution is not financing before the bonds are due, isn't notification of this is depedant upon the cards management has left to play? If no financing is adverse to the shareholders, you can bet the announcement will be way to late to save their skin in this game. I did not witness much downsizing or economizing of costs by mgmt. and either they are brazen or really belive this is going to be OK- I sure hope they are not as dilusional as I have been! Still I have not heard opinion from any real legal Canadian eagles about how a BK scenerio would affect us. Of course some suggested the shareholders loose everything, There were some good posts that suggested that Canadian bankruptcy judges would not hand over the company to the bondholders because the value is in the arbitration. If this is the case why rush into an expensive financing scenario? I always thought the bondholders would roll over, after all their value must be less than 10%. The BK question about what happens is importiant. I hope someone out there knows Canadian Law and can opine on this. I think this is a whole different ballgame with Chavez health issue and our situation / PPS could change for the better if he is not elected again. Maybe mgmt. is waiting for a December quick finding from the arbitration tribunal. I said this was going down to the last minute and this is what is happening for sure! Nothing is going to happen until the TSX issue is completed, sorry all you Canadian guys but I had to go thru this with the AMEX some time ago and it was not fun. At least looks like the market thinks .14 or .15 cents is fair on the delistment news, hope this will hold up for awhile.

Still I'm wondering if I'm going to be humming Jolly Jolly Xmas or It's a Blue Blue Xmas tune this year.