Very interesting news indeed. As I mentioned before its all in Jilin's hands and wait to see what they do. And I thought only cats had nine lives.

Since Jilin (on a fully dilluted basis) basically owns 99.99% of the firm the question was do they throw in the towel and eat the loss? Or continue and try to retrieve some of their monies owed.

Keep in mind that they have a much bigger commitment in northern Quebec with the purchase of Cdn Royalties and its much larger deposit beside the Xstrata production facilities. As well as the joint venture with (Booker Gold?) in northern Quebec too.

The further commitment toward exploration is interesting, but that is a longer term goal especially after the McAra blanks that were produced. The further advance of an extra $800,000 obviously shows that Q4 will not be a barn burner of positive results as some on this board promised. And also shows that there will be no repayment of any debt (as if that was not a surprise).

A further more detailed plan is suppose to be released later this month. Watch for any capital commitments that Hart will require. Its cost has to come from somewhere and as I said before, any positive cash from McWaters may only be enough to meet the growing debts or to be put aside for Hart, in the hope that the expectations of Hart can pay back everything (and more?).

What ever the new management plan is, I'm sure it will be much more realistic than what the past management ever promised. IMO