I think your right Boondog.
Is the option price driving the sp?
Yesterday the sp hit 55 cents and the option price was 30 cents. Now given its 20 cents to pay by 31 dec 2013 the option price with no premium should have hit 35 cents and theoretically it should have a premium of another 5 cents given the options are so long dated.
If this discount remains I will be tempted to convert the options and sell the share.
But not yet. This stock has a long way to go. They haven't even started the geological work yet.
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