RE: Relax Interesting turn of phrase, "BKM has played their cards...". I can't disagree with you on that one. Gambling on winning a court case is what stands between this company losing all value or winning big. The market isn't lying right now. At $3 it's still a high-risk gamble. If they win, a payoff of 3-4X seems plausible. If they lose, it's a penny stock with no other projects in the pipeline.
Yes, they've gone "all in" except maybe for one director who divested himself of practically all his shares AFTER the EA certificate was denied. Glad they've got a good lawyer. I'm sure he'll exhaust all legal avenues which could tie this up in limbo for how long, Christy? A month? 6 months? A year or more?
Yes, they've elected the litigation path - what other choice did they have? Walk away from their 5 figure/month salaries? I'm surprised someone hasn't come along with a stink bid for the whole company if they thought winning the case was plausible.
And on the subject of money, if the company was so confident that they were going to get a permit why did they take NO measures to finance the project in the past number of years? Looking for a buyout maybe? Not confident that they could build a mine themselves perhaps?