Current situation - another fines messBeen a bit since I was logged on and looking at the board. A number of shareholders have stayed in touch outside the board and things have just been busy - apologies. This was certainly not what I was hoping the result of the halt would be, but here is what I know: > I have spoken to Jack a few times over the past couple of months and can't tell you a lot, other than he was being told the board was not considering bankruptcy as a viable option. Now things can change on that front pretty quickly, but for the past few months that has been a common them in our discussions. He couldn't tell me much beyond that. > I had asked how long he thought they could hold on, before something like this (anything suggesting bankruptcy was on the table) and while he could not (would not) answer, when I suggested that end of Q1, maybe even end of February seemed probable, he generally agreed that made sense. > at no point was I made aware of the Metalla NSR purchase, until Damian's posting and YES this should have been announced by RCG. In their current state it is important enough to probably be considered material, but it was not. > RCG and Anaconda apparently discussed an offer for 25 cents a share for the company (summer 2017), but this was at a different dilution factor, as the company has done subsequent financings. It does make it clear that Anaconda valued the projects though. I wouldn't think they would have done that primarily for the mill, as they would have likely already known the mill wasn't right for the processing of the recent bulk sampling program. As a result a much lower acquisition offer may still make sense and could possibly be part of this bankruptcy protection process. It is possible - strictly a guess - that the company has a possible restructuring plan already on the table, but that plan may be contingent upon a successful completion of this process. That would be a best case scenarion at this point. The Dufferin, based on the work completed, could actually have sufficient value to cover the debt with Sprott lending, but that is not the only debt the company is carrying, so they would require additional concessions or at least cooperation from their other creditors to become a functional company again. They will also NEED a new management group IMO - at least the decision making part of the group. The decisions that were made (and questioned at the time) to completely forego traditional drilling and geophysics programs in favour of simply commencing mining operations (blindly for all intents and purposes) have dug the company a deep hole - one they may not be able to climb out of. While the reduced price that was paid for the properties was nice, as it was achieved with a single large cash settlement, it was also the potential downfall of the company, as it left them with essentially NO CASH reserves. The higher resultant cost of the properties without this cash settlement, would have likely been worth it, as it would have allowed the company to retain a cash reserve and the flexibility to undertake some of the other proper steps that would have assisted in better defining the ore structures and helped to avoid some of the costly misses. It has been suggested that the non-insider shareholders should be represented as part of the upcoming hearings and bankruptcy avoidance proceedings and this may have value. The idea being that the benefits to the community, both local (Nova Scotia) and investment (global), should be presented and represented by someone other than the company, it's executives and/or board members. I am not sure exactly what that would look like, but it would require a united front, with as many shares / shareholders represented as possible. The representative would need to have a collective group of signed proxies allowing them to truly represent the interests of the group. Just some thoughts, other than this we will have to wait and see what takes place while the halt remains intact and proceedings get rolling. It will also be interesting to see what level of information is disseminated for shareholder consumption along the way. Salut, Leigh McBain