Shareholders love to get options and will accept almost any questionable deal if there are "free" options attached.
However, most times these options expire worthless as these have done.
When they were created, the options that is, everyone would have thought we will make a fortune from these if we just subscribe to one more CR. By the time the options are due to expire we will have discovered incredible amounts of silver, zinc, lead and gold and we will all be able to exercise our options and own half of Peru.
What fools the others were who did not participate in this incredible opportunity to contribute to the CR at such a low price with umpteen "free" options.
I reckon that options are exercised about 5% of the time.
Lockitt
Ann: ICGO Options Expiry, page-2
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