40C,yea some thought provoking,thoughts U bring up .Ithink it is now a tug of war(tree shake)every now and then to get shares off nervous holders by hitting stops.If someone wanted to buy a large holding it would be near impossible without spiking the shareprice,and there aint that much for sale,to me the options,although there is a premium to the heads is the best way to increase ones holding keeping it under the radar with no effect on the shareprice.Of course you would have to believe in the longer term prospects of the CO and the ongoing demand for iron ore,and be prepared to convert when the time comes(even if slightly out of the money) in order to obtain a sizeable holding going forward into production.Any way thats my 2cents for what its worth but as we get closer to our targets, more investors will want in and more games will be played....cheers
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