for the short term, maybe the heads will be better.
But any positive announcement regarding Botswana or Penumbra funding, will most likely see the options take charge.
For me I'm not looking at the short term for options. I'm looking at holding till Febuary 2013. that's not to say that I won't be selling any earlier, if the opportunity arises, but it gives something for me to look forward too achieving.
Even if Penumbra/DWC get delayed by 6 months or so, both mines should be in operation and cranking out profits well before the expiry date for options comes, which leads me to believe that the share price (and options price) will be multiples of where it sits today.
I originally held CCC, but now I almost have my entire CCC holding in CCCO, due to the fact that I see much more risk/reward upside than heads. And for the reference, I see alot of positive risk/reward in the heads...
Oppies are a steal at these prices.
CCC Price at posting:
57.0¢ Sentiment: LT Buy Disclosure: Held
