I'm predicting a massive dump of shares in the next month. 28m...

I'm predicting a massive dump of shares in the next month. 28m options expire next month, exercise cost...just 60 cents.

I sure do hope these options are held by the same 'sophisticated investors' that participated in the recent raising, otherwise holders are in for a slamming should they wish to take their 500-550% profits!

I sold out my holdings above 3.90. You would have to have a LOT of faith that the 50m or so recently issued shares and these 28m soon to be issued shares will be backed up by top notch, thick and fast drilling results...otherwise we're set to see trade down and dilution combine to see our holdings reduced below $3.60 in the short-medium term.