Page 9 of 10 – SEC Filing (c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 224,130
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 224,130
2. Bay II Resource Partners, L.P.
(a) Amount Beneficially owned: 144,060
(b) Percent of Class: 0.67%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 144,060
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 144,060
3. Bay Resource Partners Offshore Fund, Ltd.
(a) Amount Beneficially owned: 308,980
(b) Percent of Class: 2.4%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 308,980
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
308,980
4. GMT Capital Corp.
(a) Amount Beneficially owned: 744,010
(b) Percent of Class: 3.44%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 744,010
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 744,010
5. Thomas E. Claugus
(a) Amount Beneficially owned: 744,010
(b) Percent of Class: 3.44%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 744,010
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 744,010
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
[X] As of the date of this Report, the aggregate beneficial
ownership of the Reporting Persons had been reduced to
below five percent (5%).
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
GMT Capital, the general partner of Bay and Bay II, has the
power to direct the affairs of Bay and Bay II, including
the voting and disposition of shares. As the discretionary
investment manager of the Offshore Fund and certain other
accounts, GMT Capital has power to direct the voting and
disposition of shares held by the Offshore Fund and such
accounts. Mr. Claugus is the President of GMT Capital and
in that capacity directs the operations of each of Bay
and Bay II and the voting and disposition of shares held
by the Offshore Fund and separate client accounts managed
by GMT Capital.
Page 9 of 10 Pages
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 224,130
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 224,130
2. Bay II Resource Partners, L.P.
(a) Amount Beneficially owned: 144,060
(b) Percent of Class: 0.67%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 144,060
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 144,060
3. Bay Resource Partners Offshore Fund, Ltd.
(a) Amount Beneficially owned: 308,980
(b) Percent of Class: 2.4%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 308,980
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
308,980
4. GMT Capital Corp.
(a) Amount Beneficially owned: 744,010
(b) Percent of Class: 3.44%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 744,010
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 744,010
5. Thomas E. Claugus
(a) Amount Beneficially owned: 744,010
(b) Percent of Class: 3.44%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 744,010
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 744,010
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
[X] As of the date of this Report, the aggregate beneficial
ownership of the Reporting Persons had been reduced to
below five percent (5%).
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
GMT Capital, the general partner of Bay and Bay II, has the
power to direct the affairs of Bay and Bay II, including
the voting and disposition of shares. As the discretionary
investment manager of the Offshore Fund and certain other
accounts, GMT Capital has power to direct the voting and
disposition of shares held by the Offshore Fund and such
accounts. Mr. Claugus is the President of GMT Capital and
in that capacity directs the operations of each of Bay
and Bay II and the voting and disposition of shares held
by the Offshore Fund and separate client accounts managed
by GMT Capital.
Page 9 of 10 Pages
