RE:At currents pricesNineLives: In otherwords: Our so-called Management, per se, really has nothing to lose in taking a low-ball bid from a scavenger. I received a letter back from Dustin in reply to my proposal for a SPRP, a proposal which was based on many sound arguments. I have to say that I was disappointed by his attitude in that I got the distinct impression that he would let the Company go should a better bid come in from some other vulture. I emphasized the fact that Management should be embarrassed in holding such a shamefully small number of its own shares. It makes no sense to me that they would allow the Company to be so exposed, so vulnerable to takeover because on a personal level, Management cannot seem to see the necessity in owning a more meaningful amount of their own ANX stock...perhaps 45%? Let's add up just a few givens: The ultra-modern state-of-the-art Mill on site plus all ancillary structures etc., has to be worth somewhere between $20-$25million to build today. The land package that they have accumulated I would approximate to be worth about $5million discounting all of the gold production that this package may generate over 10 years going back to 2012. The infrastructure now in place, plus the Pine Cove pit in production (together with 3 years worth of net production to date) and the cash on hand, plus other tangible assets may be worth another $1.5 million+. So we are looking at approx. $30million+ of hard assets. With no long-term debt and discounting out all of the gold production that will come from all of the prospective mines all through the Point Rousse Project, going forward, I estimate a value/share today of at least .17-.20cents based on the current 15,000+ozs of gold/year divided by a share capital of about 180million. What will Anaconda be worth at 30,000ozs and then 70,000ozs/year and eventually 100,000ozs/year? So, the bottom line is that without any protection from Management itself, it would be up to a very unified shareholder base to prevent any other more resourceful scavenger from taking this Company for considerably less than the .17-.20cents that I estimated above. A SPRP would give us, the shareholders, the necessary protection currently lacking from our own Management. This is not an overreaction by any means...it is reality. Take a look at what First Mining (FF) paid for Coastal Gold (COD), a gold mining operation that had been shuttered and had run out of operating cash. COD held a much larger gold and (copper) package with much greater head grades than what we are finding at Point Rousse and with an open pit already in place including the necessary infrastructure; ramp; tailings pond etc, Coastal offered huge potential to any acquirer. That acquirer should have been ANX! But anyways, in today's market, one could say that First Mining almost stole this flagship property. How could ANX Management stop this from happening to our Company even though we are in a completely opposite position?