Good questions.

A few points I can make. First, if a deal is proposed and generally accepted by management, it can get pushed forward very quickly - like a matter of weeks. A company does not need a NI-43-101 (correct me if I'm wrong) to agree to a buyout or sell a certain property. It's just a rare occurence that you will see a buyout without a firm NI compliant estimate in place. Then again, maybe without one the buyer might be likely to get a better deal. I have no idea what VMS would agree to be bought out for. I know that they weren't going to even entertain offers until they had thouroughly explored all of their properties (not just Reed Lake). I haven't heard anything further about the proposed nickel spinoff either. I do agree though that the VMS "think-tank" is busy during this downtime analyzing data, preparing estimates and assessing new drill targets etc.

I like who we have on our team. Even with $2.50 copper we would still likely be looking at a multi dollar share price if we could prove up double digit (million) tonnage.