bargain buying at 1.8 cents, page-52

Darmsden,

Let's put some simple calculation:

RMX: Invest $10,[email protected]

Turns to: $20,[email protected] (If Drilling and SS positive)
Profit : $10,000

Turns to: [email protected] (If drilling and SS Negative)
Loss : $7895

RMXO :Invest [email protected]
Turns to: [email protected] (When [email protected]+0.02 Premium)
Profit : $20,301 (Nearly double than investing 10k in
RMX)

Turns to : $0.00 (On few negative news)
Loss:$7895


RMXO: Invest $10,[email protected]
Turns to: $35,[email protected] (When [email protected]+0.02 Premium)
Profit : $25,714

Turns to: [email protected] (If few negative news)
Total Loss : 10,000

Please keep it in mind though reward could be multiple times, you could be losing all due to short expiry. But I believe many of HC friends, will exit heads and both oppies on negative news except few who can afford to put them in bottom drawer.

Please note, this is just simple maths and shall not be taken as buy/sell advice.

Have a good night.