The 'Timber Concessions' are the one and only 'True Asset'. The 'secondary asset' will the 'permits' when issued (a lot of time and money has been spent on this process to date). These two assets are an extremely large and valuable collateral asset when PCT needs to raise 'Debt' to move PCT into operations.  The Hays Brothers and the other 'Large Holders' are not going to dilute (give away for next to nothing) their majority equity holdings in PCT by issuing more 'stock' when 'Minor' fixed assets can be sold and replaced at a later date. They got a 'jewel' here and they are going to keep it for the shareholders of today. This is an unfortunate waiting game and I for one, am glad they are selling minor fixed assets and preserving the integrity base of the equity holders of present. The NR of today is another reassurance that nothing is 'wrong'. If you read about Petrodorado Energy, it's the same story, preserve the 'real asset' and sell the non-essentials. Any other opinions out there?

JMHO