RE:RE:RE:Everything is in place...So, why did Tocqueville buy in? First, Tocqueville by their own admission is contrarian. Refer to their website. Second, to the best of my recollection, Tocqueville bought big chunks of EAS' PP's several years ago when the SP was a few dollars. Maybe they want to average down and try to save face. They've probably already booked their huge capital loss years ago, so from now on everything will be gravy, at least on the books. Third, maybe they think they can salvage EAS' properties and make something of them. Sangihe and Miwah have gold, but also have a lot of challenges - rebuilding relationships with the local communities and governments, overcoming draconian forestry laws, etc. Fourth, the current SP is cheap and Tocqueville may be in a mood to roll the dice. IMHO, Toqueville will need to clean out existing directors and officers, and hire a local businessman who has the skills to rebuild relationships. Not impossible, but very difficult in such an unpredictable regulatory environment that challenges even the best. The new local leader has to be fulltime on the ground in-country. It would be foolhardy to try to run the company from Hong Kong, Beijing, or Mongolia.