I just spoke with Jim Briscoe after my Jan 6 call-in. They are still waiting and negotiating with prospective partners/buyers/financiers/etc. for any response to any of their properties. Mayo Gold was hoping to hear soon on their financing and to call Mr. Briscoe if there was definitive success. Per him, everything is on the table but easily could take several months to conclude any agreement to start something. Given the econcomy, we know why.

Creditors are obviously unhappy with non-payment but LBSU is negotiating with them, too, to avoid a drastic takeover reaction. Hope this helps.