I couldn't agree more Spiny. Is it possible PQ is trying to bluff that there is no urgency to deal from a weak hand at this time? ... send a 'message' to those who think they have him in a corner? ... on the make-believe premise that the future price of gold is in doubt ( whoops, Blackrock from the dark side, is right now on BNN saying that "gold's future is far from over" … and a chart comes up showing that the world's central banks are now buying gold as their inventories increase ). Meanwhile, after years of having an illegal, highly concentrated short on the silver futures market, JPM has just turned long having illegally dumped $15 billion paper gold on to the market in 4 months whilst driving the price down in the most blatant act of fraud ever. ALL signals now point to the big boys going long PMs folks, with this Fall being dynamic. We are on the cusp of big things having waited for so long.

So, SFMI might get help from GHDC who "has signed a letter of intent regarding a proposed participation into the gaming market of South and Central America." (it is not a done deal yet). It will be interesting for GHDC shareholders to see the details of such 'proposed participation', what the investment cost is, if there is dilution, and what the gaming revenue projections are. This has all the benchmarks of ‘smarmy’ written all over it. PQ is squirming here in my opinion. It’s another me-too venture in an industry over saturated with both private and government players. Starting a new and separate business (how much expertise/acumen does PQ have here?) takes time and money. Is this simply an attempt to ‘’misdirect’? There has to be more leverage involved if not, because the costs in both time and dollars will be significant .. and they always take longer and cost more.

As the global economy spins downward, out of control in a growing debt/credit/derivatives/labour deflation/monetary debasement bubble, the last bastion of ‘stone squeezing’ is gambling. As far as I know, the economies of South and Central America aren’t thriving and many have been impacted by the erosion of their mining sectors … and wanting to tax them much more. They aren’t Macau and they aren’t first world countries/economies. Even Las Vegas is suffering because of Macau, as I was just there (Vegas) and heard it first hand.

Anyway, let me just say that I hope it can be successful, that it happens overnight, that revenues pour in to underpin SFMI’s handicapped bid to somehow mine gold and silver from the rich veins of War eagle… that it isn’t too diversionary.

In my opinion, the future is in gold and silver which are nearing explosive turn arounds. Flying off in a different direction at the wrong time could be very flawed.