RE:Bad deal !No white knight will be had. Sadly, the Canadian market is so depressed that there are only two potential buyers for Spartan. VET and CPG. CPG won't step to the plate because they will not issue more shares to buy anything (lest they get the C$%^ kicked out of them by the markets) + busy with the whole Cation situation. US co's are sellers of Candian assets and no one wants to touch Canada until regulatory/governmental issues are resolved.