Reason I think the ship is sinking is that we are taking over a property that isn't as advanced as ours. We are taking over much more shares which will put us over 500,000,000 I believe. I see management wandering to other companies, applying for other jobs and I see them not moving forward with the metallurgical system as promised. This is not a company that seems to be on the move up but rather one that has lost it's direction.

Management hasn't answered the question about how easy or hard it is to get the chrome out of the rock at Stillwater. This was the part of the project that got me excited but for some reason I think something is being held back from us regarding this part of the new property.

What will we see in the near future? My guess is a rollback in shares to the turn of 1-10. Then I see another round of financing at a lower price than the rollback. I see new management coming on board. Then they will try to get the market excited again about the properties. All of this will take up two years all the while I see very little being done on the property, nor the metallurgical system.

I do wish the company success but right now I am feeling rather bearish on it. Objectives have not been met IMO and big mistakes have been made. One large mistake was made when an offer to finance was on the table at $3.00 and it was declined by management. How this company would have been in a much different position than it finds itself in now.