You would take $1.50? I was hoping you would say more like $4.50.
I bought some shares yesterday at 0.45 so 1.50 would be great for those. However I and probably you, have long standing shares, some of which could have been aquired above $2 so the average price may be near that 1.50. Irrespective of one's average price there is the intrinsic value of the company. The resource we hold and the potential that we expect does say a lot towards the price we should demand for our shares even in this market.

I bought cheap shares yesterday and that was not with the intent to hold them until the cows come home.
I bought to take advantage of an opportunity and sell in a short time for extra cash. Such trades should not be looked upon as an indication of what our shares are worth but an opportunistic transaction of someone who sells their shares at too low a price, perhaps due to unfortunate need for some quick cash or due to switching from shares to warrants. I do not apologize for my itention to sell and if anything I raise the bar for buyers.

I believe that many are still selling their regular shares and replacing them with warrants, beyond the shorters. I considered buying warrants in the last few days instead of the shares but deem them too expensive relative to the share price. The only way the warrants may be worth their current price is if one wants to hold them until near the exercise date where the percentage gain would far outweigh the expected share price. I was not buying with that long a term in mind.

The short answer is that our current share price is way too low to be used as a measuring stick of the price we should sell out to. If we do then we leave ourselves vulnerable to potential buyouts because of the attractive price.

So my reply is - Please be more greedy, it is not always a sin. Thanks.