RE:RE:Confirmation ...Rights offeringThe lack of liquidly on a thinly traded stock will lead to volatility and market prices that do not reflect the fundamental value of an asset. As small cap investors we are looking for those types of opportinities and is the reason I am long CGX. FEC valued the CGX assets more than the what the market peceived the value of those assets to be at that time. I consider FEC to be an informed and sophisticated market participant and would expect that as a company with many investment opportunities would have assessed their purchase against their own cost of capital hurdle rate and any other investment opportunities they were assessing at that time. I expect that FEC's access to information, internal analysis and due diligence processes far exceded any efforts I made prior to entering into this investment.