RE: Trading below cash value? altough i'm with you in sentiment, one thing you mentioined is incorrect. Entree has to pay sandstorm back the percentage of the 40 million (not the 10 million stck purchase)corresponding to the % of the license rights that the GOM obtains from Entree. If that turns out to be 34%, they would need to return 13.3 million. Thus, at this point, Entree cant look at its cash position as settled. Hopefully, whatever they have to give back to sandstorm will be much more than offset by the price the GOM pays for its share.