RE: RE: RE: Proactive Video I would have agreed with you if they had a reasonably high burn rate. But they stick to their word and only spend a few million over the coming year, that leaves lots of cash in the bank, and if we get any kind of an upturn in the sector over the next year, you will see an uptick in the share price. So to buy at less than cash on an assurance of only very modest spending over the next year, is a great way to take a bet on the junior exploration sector not being quite as out of favour in November, 2013 as it is now. In other words, substantial upside on a sector level, and maybe on an exploration level, with no downside that I can see, given that they are not burning through their cash on hand.