If I were a CEO of a major I would wait until the last day Aug 2 to produce a offer . why rush . Ever day those drill bits are turning gives more and more data on the property adds more value.. And as Long says they have hit some additional large tonnage holes. Yes the metal prices have dropped but the drilling is proving more. And more and last time I checked Mother Nature isn't makin more metal so in the long haul the metal cycle will inflate, and these CEO try and corner the market , can't let AZ get away from them , right IVAN