RE:This is a very confusing stock
I doubt very much they will go bankrupt, they have no Debt or large payable and still have 1,750,000 shares of PFC, and if some interest should be shown in their land package Ensign would be there with the $4,000,000.00 they owe to ROZ in a flash and I hope they tell Ensign to take a hike.
I think they should pursue the Default and regain the 100% of the land package so it is more definitive to a potential partner ( maybe PFC now that they do not have much to do and roughly $11,000,000.00 to spend ).