I have bought ECU so many tiimes on the dips that my average is around .57, so $1.50 tomorrow would make me quite happy. If the offer came tomorrow I would take it and look for the next one. There are many other stocks that would allow you to take advantage of a huge move in precious metals. And yes...I have had to trade and buy low to get my average down...I do still have a few shares in my wife's RSP that were purchased at $2.80. I have no doubt that ECU will much higher one day, it's just that it may take a long time. I have managed to more than double my portfolio off its' low thru trading and now that I have so much ECU I have been feeling helpless and my portfolio is stagnating. I too have some of these shares for trading purposes and most for long-term, but I won't sell even the trading shares until I feel it is the right time...and I won't apologize for trading on the run-ups. Now...if the SP went up rather quickly to $1.50 I would sell some shares but keep the majority of shares because I do believe the end game someoday will be very proftable...but an offer tomorrrow...sign me up!