PLL isn't worth much without the iron mountain project. In March 2007, George Young converted $ 1,603.418 in funds advanced to PLL to 2,290,597 shares at $ .70 per share. The iron ore market has never been so hot. George stands to loose or gain the most. If the rumor is true, there must be an offer to buy the company as well as the project and George isn't about to "give" it away. This should be an interesting week.