rt super pick! gpnoa .003 2years expiry

Check this out

GPNOA .003 expiry 31/may/2008 exercise 3 cents!!!

Technically these options are trading 50% below fair value, GPN is currently 1.5cents GPNOA should be trading aroun .006 especiall with 2 years expiry & a 3 cent exerice price.

Now you ask whats going to make GPN go towards 2's-3's in the near future, well there spinning off there Uranium asset to shareholders, once the date is confirmed shareholders will receive free stock in the spin off at a 1 for 24 basis.

So that means if you hold 1mil GPN you will receive 41,666 shares + 20,833 options in the spin off valued at .20

Now one would think this offer is extremely attractive & once confirmed announcements are made one would think GPN would head to the 2's fairly easy, so that mean GPNOA should technically head towards .01 about a 300% gain not bad imo

DYOR cant see any downside at .003 with 2 years to pay

Example:

CCI - 1.5 cents
CCIO - .007
(CCIO exercise 5 cents! 30th september 2007)

GPN - 1.5 cent
GPNOA - .003 (what a joke!)
(GPNOA exercise 3 cents! 31st MAY 2008)


See what I mean massive discout atm, a small bet could pay off nicely imo, but remember to DYOR!