I agree with most of what you said. I guess at this point if you have shares you are pretty much riding this thing to the next bump which is not going to happen till the next positive PR comes out (we got that permit and logs are on the beach). Unless a PR comes of that they are closing up shop I will be here long and strong.

To answer your question, IMO, North Cal would have had to done their due diligence in making sure that HIMR is a real, viable business, they would have seen enough evidence suggesting a viable concession and perhaps took some risk in associating with HIMR to lock in those "early partnership discounts", I don't think North Cal had any reason to ask or look for more permitting. Just something that might have slipped though the cracks.

If it wasn't for North Cal I would have probably pulled the proverbial plug on this investment a little while ago. No doubt that those PRs from March and earlier were over promised and hugely under-delivered which is very frustrating. The, I guess, good news is that HIMR has a history of this type of behavior. I just hope between Peter and Sheldon they have enough talent to make this happen. This last PR was pretty much a "hey we are alive and well but yet again need more time to get this operation started". Yes, it's shitty to hear but I guess it's better than no news.