RE:PYR VS UBRIf all things were equal, I would say you were right. But PYR has a heavy cash burn rate, and I would not call 3 private placements per year "limited". They heavily dilute and burn cash. If not for this, I would agree with you that PYR is, by far, the better choice. As far as the risk goes, UBR is hardly burning anything, and worst case, they sell the raw quartz, without processing. Hardly a capital intensive endevour.