82% of options converted by holders, page-2

yeah thats great news,, usually any selling from holders will come before ex-date to funds their opts but with 82% exercised by holders that just shows the faith many have PXG will deliver the DEC 2.5moz resource upgrade with reserves of 500k now back when the Gold market first was gaining headlines 2003 moving into $400oz - $500oz usd there was a hot bed of takeovers to increase ones reserves the average price paid $321oz now put this into context today with the fact PXG is a likely takeover target if the do keep increase the resource

even if we just use the old $321oz x 500,000= 160.5mill ....now IMHO thats my low side market value target for PXG if the market wakes up ......upside 700mill