RE:RE:RE:RE:Why I believe the arbitration has leverageGlad to see the discussion on the potential arbitration and thanks to Countrygent for his insights. As I've noted before, if ETG and RIO/OTTLF don't reach an agreement on the purchase price by April '24, it goes to arbitration which - based on the value of OT - could easily be a 2-4x for ETG based on its current market cap. It's clear to me, having spoken to ETG mgmt that they see the sale as the best and easiest solution. If you want to get more potential upside, buy HCU, which has 25% of ETG (market cap C$240m) while HCU's market cap is only C$55m. So you're buying ETG shares at a slight discount. HCU also owns a NPI in Antamina and a 30% interest in Hod Maden, which is being developed by SSR, and is very high grade. What surprises me is that ETG's stock price isn't moving when there is so much potential upside, given the negotiations and, if they don't succeed, arbitration. I've a significant position in both companies and see little downside risk.