RE:RE:RE:RE:RE:RE:Don't worry be happy! ALL LOOKS FINE!RetiringYoung, you must have forgotten that I myself am a survivor of 2008 and if anyone knows that market is irrational, it would be me. I capitalized on the irrationality of the market and took advantage and made off handsomely from it. KRN's current situation is like many juniors back in 2008 when it was trading below cash with a good project, or at least not worse than other projects unless you can point out how KRN's Wynard project is in any way worse than WPX, AAA or EPO's assets, all of which are trading meaningfully above their companies' cash levels. KRN is the type of company you take advantage of when nothing is fundamentally wrong with the company relative to other peers, only that the industry is out of favour.
Everything that you post is in hindsight, yes, a company can trade below cash, but if you did your analysis right, this is the time to buy, not sell. You are welcome to take a different view but I have a history of investing in these type of companies and I've been more right than wrong in them. Good luck.