plan vs actual , page-9

Yes !

The oppies do provide an interesting opportunity.
But I would caution that they are not an opportunity for everyone to take because there is a bit more risk with them.

They have an expiry date in August 2012. So the question is how much will they rise between now and then and can you take the risk.

With present Options price at .003 and the head share at .016 there is quite a gap. Basically you can buy 3 Options for as muich as 1 Head share will cost you.

When I bought my options well over a year ago I averaged about .016 when the head shares were about .025.

Now if the head share rise over the next few weeks back to that .025 level I would hope that the Options could rise to about .01 cent

It all depends then on where things go before the end of 2011.
If the news flow remains very positive then we might see that the head share rise to about .05 and I would then hope that the Options would climb to about .025 at least.

Now if you bought Options presently at .003 and then decided to sell if the Options price got to .025 early in 2012 you could make a nice little profit.

You are taking a gamble that the head share price will rise quickly enough and high enough to encourage a good rise in the Option price. And by selling out at .025 you then get your gain but miss a potentially greater gain if the sp continues to gain before August 2012

You see the closer that the head share gets toward that critical 8 cent conversion level then the possibility of the Options being converted gets much more convincing so they creep closer to the head share price.

Of course to reach the conversion level by August 2012 then the head share would need to be up about 10 cents or 11 cents or 12 cents to encourage the conversion. Upon conversion the share price for the enlarge number of shares will fall backa bit to account for the enlarged sharholding