dont wish to be a party pooper, i AM contemplating on buying IGS...

dont wish to be a party pooper, i AM contemplating on buying IGS on the basis of sub cash backing too, BUT from my experience with PPP, PSA, i know that it can stay below cash for what feels like an eternity. The problem with IGS is their cash is not that much. 19 m can be blown easily (compared to PPP 80m+, PSA 45m+) - i feel that even PSAs 45 m is not alot of margin for error. A few dry holes and that safety net is gone. but 19m does go further in a bear market hence im hoping for gold to go lower.