I just don't get it. If you like PGLC at .31, why wouldn't you buy CRGC at .20? You will get .80 shares of PGLC for every share of CRGC that you buy. This values your .31 PGLC at .24 CHGI. CRGC is still at a significant discount from PGLC, even though, really, it just IS PGLC.