it will be interesting to see at what price and to whom it will be done, There are many factors we will need to see in the next 11 days to see where CR issue fits. For argument say lets say that the company does exercise the option. At this time we will see plans of site and know exactly where it is, we should also have better results on resourse, what it is, are more drill holes as positive. Should all these factors be positive comapny could well have a knock on the door (if it hasn't already had) from a larger party wanting a quality resource, remember a lot of people applied for recently for goverment tender of a major site and lost, they want in on a quality site, Thus no insto involvement, no prospectus costs and we will know that these share will be locked up under lock and key with a possible interest in obtaiing more on market in due course. So no need for worrying on CR effects as these shares will not hit the market..
CEO Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
