Len, don't know if you are thinking too far ahead but I believe your right on one thing, if companies perceive that they can scoop up a wanted piece of land or deposit, they will try to do it in these down markets with the credit crunch going on.

One interesting note is that in the G buyout of GEA, GEA had about $115 million in cash which equals about $1 per share of CYP. Would our management be happy with $1 to $1.50 per share if we find a continuation of the GEA trend? Or maybe that $115 million would serve as a main part of a cash and share type deal. Interesting to ponder......... just throwing this out for discussion.

Who really knows what we have on the reef(if anything) and what is being discussed behind the scenes????