It certainly allows us to execute the business plan much more effectively and much more quickly.

For us, our deposits are just a function of our business cycle in Steamboat Springs. We've been here 18 months, but we've been on the Western Slope for 102 years.

We want the business people to know there are a lot of people like us, who are very worried about the negative impact of illegal immigration and who spend money at their business.

We are pleased to reach this significant milestone. The powerful combination of these companies will bring the assets, people and projects together to deliver value to all stakeholders.

Clearly we would like to work with the Placer board to complete this transaction.

I think it's very important to the Canadian national interest to have strong, leading global competitors in as many industries as we can. I think it's important to keep Canada visible on the global economic map, I think it's important for our capital markets to have industry leaders, I think it's important from an employment and a technology standpoint, and I think it rolls right back into Canada's competitiveness.