I agree with most of your comments, but I like to add to that.   I don't think cash will be the concern if HRN used as an investment vehicle or exploration vehicle.   I have been followed many of the Lundins group companies.  When come to PP, the Lundins will be there.  Like my previous posts said, I like HRN at this level.    I made mistake by trading AOI when it reached $1.50, and then it went to $5....$10.   You all know the story -- People chase the stock.