One key question that has just been touched on is the nsr. Excuse me if I have the facts wrong here but I believe it was about three years ago (?) that Miller and crew sold back 2 of the 3 percent net smelter royalty back to the company.
I see two angles here. One that if this management whats to do something right for once, is to return that cash (I believe it was about $2,000,000 US of which Miller received about 1/3 of that - old press releases have the details). Problem with this angle is that would prove there are and never have been any plans to fully develop the Langmuir site.
On the other hand I see such a refund as a vote of confidence in the new Metal Mines company going forward. No details are out yet (I expect to see that just hours before the deadline knowing how these guys operate). But a vote of confidence in Langmuir by current management would be to;
1. Return the nsr funds back to the proper owner - Metal Mines, about $2,000,000 US,
2. Give the new entity MM the $5,000,000 Cdn that Micon recommended to drill out the new ore deposits.
3. Give MM another $2,000,000 of working capital so it does not have to enter the market to raise further cash and dilute existing shareholders.
Anything less would be a further blight on management that has only grown over the years. IMHO of course.