RE:CONFUSEDHi tbayroc. If you are so confident in Terranueva, I suggest you to exercice your rights :
* original cost : 2500.$ for 1562 TEQ
* exercise of 1562 rights : 1562 x 0.64 cents = 1000.$
* total investment : 3500.$ for 3124 TEQ
* average price for 3124 TEQ : 1.12$ which is better than 1.60$ without the rights exercise
Because you " feel confident that long term this venture will more than grow ten times it's initial value ", you have to consider to lower your cost by exercising your rights before next February, 26th.