It seems to me that we should be looking at some good drill results coming up. Why would you retire the debentures and dilute your stock which could lower their value if you did not have something in the background to keep share holders happy that did not like more dillution of the companies shares. I believe Dale is working along these lines he knows more dillution is not going to sit well with the shareholders and if the debenture holders don't get a good return from this point they will be hard to convince to buy more in the future should that be required lets say SAN needed money for an aquisition.