CFR cluff resources pacific nl

some questions....and answers from cluff., page-4

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    No worries, cant see a reason not to share the info.

    I am pretty new to the options game and have a quick question you may be able to help me with. If the Options are in the money at say 1.3c come the end of July, does that mean all of the options will be exercised at 1c how ever many and make the company X times number of options?
 
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