RE:Yess my bad thats what i meant to sayYes I think this has a ways to go yet. Higher than the November 09 2012 high of .07 cents. MLY still owes IRI lots of cash and from my read of things is taking measures to pay it back sooner rather than later. Vancouver, British Columbia--(Newsfile Corp. - October 30, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo or the "Company") announces that it is in the process of negotiating an amendment to the terms of repayment of the two debentures held by International Energy & Mineral Resources Investment (Hong Kong) Limited ("IEMR HK"). The first debenture, in the principal amount of Cdn$1.5 million (the "First Debenture"), was due to have been repaid on October 25, 2017, and the second debenture, in the principal amount of US$1.5 million (the "Second Debenture" and collectively with the First Debenture, the "Debentures"), is due on November 25, 2017. The amended terms of repayment proposed by IEMR HK include the following: (a) the immediate payment of Cdn$597,500 (representing payment of Cdn$500,000 of principal owing under the First Debenture and Cdn$97,500 of accrued interest) (the "Initial Payment"); (b) payment of US$597,500 (representing payment of US$500,000 of principal owing under the Second Debenture and US$97,500 of accrued interest) by November 25, 2017; and (c) payment of the remaining Cdn$1 million of principal owing under the First Debenture plus additional interest payable, and of the remaining US$1 million of principal owing under the Second Debenture plus additional interest payable, on or before December 15, 2017. The Company has wired the Initial Payment of Cdn$597,500 to IEMR HK and intends to make the other required payments as additional financing efforts are completed. IEMR HK has also requested a damages compensation payment for the amendment of the terms of repayment of up to US$300,000. The Company is still in the process of negotiating with IEMR HK the final terms of this damages compensation payment (as well as concurrently in the process of raising additional funds) and expects to provide an update to shareholders shortly. Read more at https://www.stockhouse.com/news/press-releases/2017/10/30/american-cumo-mining-updates-shareholders-on-repayment-of-indebtedness#xM6tCwoMb5YjYWE3.99