Bernard, ill add to another reason why this inst such a bad...

Bernard,
ill add to another reason why this inst such a bad thing to happen...(imo of course)
HEGs cash flow isnt in the greatest shape in my eyes, and i can see her having to raise more capital sometime in the future, if they aren't generating the amount of gold required to support her spending habits.

If the SP was higher, then this means less dilution for existing holders,... if they needed to go to the market or funds.

And there are all those hegob's that would be all the more tempting to convert and provide a cash injection, if only they were in the money.

Looking long term is good, but the shape of the Long term view, does and will be shaped with what actions are made short term.

Cheers
R