furniture,
You say something:
"dont trade options but these rank equally with shares"
Then call yourself a name for saying it, and then say it again:
"l am dumb but yea l know they rank equally"
Anyway, let me explain this to you:
The Options don't rank equally to Shares.
Once the Options are converted then they rank equally to Shares.
Cost of the Options was .1c and to convert them into Shares there is an additional cost (exercise price) of .3c, meaning that the small amount of capital that was raised was done at .4c.
.4c was 33.33% higher than the share price of ORO at the time of the raising announcement meaning that the raising was done at a 33.33% premium to the share price at the time (I know, unheard of these days, but that should show you how much confidence there is ORO). I believe that this raising was therefore better than the deal that BUX got from their raising?
Anyway, I am not going to trash talk you, as I normally do.
I am also not going to trash talk the stock that you are trying to promote on another stock's thread (which I can TOU you for) but since you brought up BUX, I'm pretty sure that the best results to date that they have is from historical sampling of 138ppm Ni?
ORO has DRILLING hits of 6.15% (not from sampling) and if we put this into a format that we can compare it to BUX, ORO's DRILLING results equal to 65,000ppm Ni compared to BUX's 138ppm Ni.
Good night, best of luck and I'm sure that in the end both company's will do well, but please don't come on here without any stock held and try to trash talk, coz you know I'll get you every time.
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