Last time I talked to Nick Smith was about May. He told me the deal was moving forward as planned and that WOF had lots of cash available. A few weeks later WOF surprised me with a large private placement. WOF might have cash in the bank. The question is what are the payables? If work is indeed progressing at the mine site as previously described by Brian and if WOF has purchased the land for $1 million, it should be running low on cash. Unless I've missed a news release, WOF has not announced that it has stopped operations at the mine. Therefore, I fairly question its cash reserves. To each their own, but I personally take anything from Nick Smith with caution. Sober>