Some FG and RC mine update in Senetek's 10-Q on 8/20/10.

http://www.faqs.org/sec-filings/100820/SENETEK-PLC-ENG-_10-Q/

The short of it:

Senetek wants 100% ownership of RC mine.

Excess equipment was sold for 1M

Lab is open for business and making a small profit.

Marketing the property for sale, as a requirement to BK court. No "compelling" bid has been made. The marketing process is near its end. Platinum/Lakewwod want to sell not own.

Platinum/Lakewood/Senetek may offer the court a "creditors bid" for the mine. That process has no begun yet.

Also note. With this info my RC mine value estimate can be (from previous post) tweaked. The reclamation bond is part of the RC mine asset. 1M worth of "excess equipment is no longer. The lab is making money ~0.5M over 5 years. So my valuation should add another 2.3M to it.

-Y