CCC 0.00% 0.1¢ continental coal limited

ccc or ccco, page-40

  1. 436 Posts.
    ok that makes sense,

    the part to keep track of however is that since the options are cheap, you can buy more of them (duh!),

    BUT, you then have to have more $$ in the bank to convert all those options you bought (since they were cheap) to heads @ 0.05 a pop.

    this is all obvious it's just important to keep track of. you don't wanna hold a ton of oppies only to realise later that you need a big bag of money to convert them. of course, if the oppies increase in value, you could always sell some of them to finance the conversion for the remainder.

    anyways, i've been holding ccc for about a month now (got in @ 0.06)

    i'm now holding ccco @ 0.049 (first time i've purchased oppies - made sure i checked my calculation....i can easily spare the extra $$$ if/when i want to convert them)

    initial investment wise i'm holding a 50/50 split.

    good luck everybody. also, big thanks to all the regular posters putting up valuable info!

    gc
 
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