1) Sell Argex shares

2) Sell KWG shares

3) Monetize one or more of the eastern Canada base metals properties at at time when base metals are at multi-year lows (make certain that cash is requested in lieu of shares)

Obviously it would have been optimal if we had received $700,000 from KWG in lieu of 35 million shares (or at least $350,000 and 17.5 million shares) ...that way we could ride out the next few months whilst awaiting "imminent" financing of Argex , and hopefully unload some of those shares at a nice premium to today's shareprice...but there is no guarantee that the SP of RGX will substantially increase upon a financing announcement (ie. if the overall Capital markets remain restricted and sentiment towards the mining sectors remains negative and RGX finanalizes a deal which is more dilutive than the markets expect)

One might argue that our KWG shares are now worth $1,050,000 on paper, so FNC came out ahead on the transaction...but how long would that value last with any sizeable attempt to liquidate shares on the open market...likely the SP of KWG would fall back to the 2.0 to 2.5 cent range. Similarly, if KWG decides upon a let's say 50:1 reverse split , their SP would likely fall back to the same range. Perhaps the best option might be selling a set amount of our KWG shares at a fixed price to a pre-arranged buyer (perhaps NOT might be interested in another 17.5 million shares for $350,000?)

So one has to decide which of the two companies has the better odds of SP appreciation in the near-term (ie 3 to 6 months) based on their SP drivers and over the longterm ...might be best to just liquidate in tranches as needed of equal monetary amounts (of KWG and RGX shares) over the next 12 months...

Cheers,

Luker