Certainly, and thank you for the question.
Junior mining companies are dependent on capital that's raised through the stock markets. In order to access them, they have to have a series of press releases that raise good news. These are generated through good news that emerges in any form. Currently, I find that many of the mining companies that don't have secure access to capital through banking, which maybe have a project that isn't so far along, use the process of regulatory environmental assessment to generate good news.
So they enter it too early. That generates press releases. They continue to have a steady stream of press releases that continue to generate good news, and they put the pressure on the regulatory system to be timely, to push forward even though they're not ready to describe their project accurately, because they're not far enough along in their own planning for the issues that were raised here—power, transportation, access to the deposit, the description of the deposit itself, and the way they're going to get at the deposit.
So that puts pressure on everybody around them to respond and to move in a system where we're not responding to good information. Right now I'm dealing with an example in which a company can't give strong answers on critical issues with respect to water quality or critical issues with respect to closure, because they simply entered way too early and they haven't gotten far enough along and they don't have enough information on the nature of the deposit or on the nature of the rock they're dealing with to give us good answers. As a result, there they are in the regulatory system, and they'll have their certificate before they have an accurate description of their project.