next jorc, page-59

"1. Agreement on Caledon option end of this year or early 2012 (could be 10+Mill coming our way). Note ORD MC is circa 20Mill"

10 % of a $400 mill deal (or was it $500 mill ?) is 40 mill. To get that 40 mill ORD has to buy those options for 40 mill. THe only time it would be worth doing is when the CCD market cap is way north of the purchase price of 400 mill. ORD would have to wait a long time for the ability to sell its options and clear 10 mill !! THis can only be done once CCD develops its tenements and increases it NPV

Am I missing something ? I just cannot see how ORD can make money out the options for CCD at thsi point in time