GTE 0.00% 3.7¢ great western exploration limited.

Gold at US$1700 ! GTE highly leveraged gold play, page-3

  1. 3,826 Posts.
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    Anyone else see the trade I can see ?

    GTERF give you the right to buy 1 GTE for 0.2c. For every 2 you convert you get 1 free option at 0.5c

    So rather than buying 5M GTE @ 0.3c = $15K

    Buy 5M GTERD = $5K
    Convert 5M GTERD = $10K

    Total = $15K still but you get 2.5M free options this way

    In each scenario you get 5M GTE, but the second way you get 2.5M free options

    Money for free
 
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