Slug......nice that you picked up that Bill has San in flow through shares. Drawing conclusions from this cenario, Bill has a few options as how he plays this out. Bill may have unloaded his shares at the last high, and now is looking to get back in and would have taken his tax selling into account and reset his cost base down here again.This would be advantages to him showing a gain now, and then pump now, and sell again at yr end. Sans warrants could come into play some how in the Funds favor.I believe the shares can't be repurchased for 30 days, but if you control different Funds then you can play one against the other, kinda like saying eene minee moe , or WINKIN, BLINKIN , NOD. San will have good news for the next two yrs , but with hedge funds day trading our stock, i don't know if San will ever see her true value.I would like to see Dale halt the stock now and announce the 43-101 and let the stock run before they have a chance to repurchase, will waiting the 30 days...just a little investor trying to make a living.with out prejudice, Traps7