MFE 0.00% 1.0¢ magnetite mines limited

breaking out, page-26

  1. 161 Posts.
    In response to lulubelle.

    ROY is a good investment and I believe the share can easily reach $1 and in turn this means that the ROYOA options should get to around 80c+.

    Right now, ROY=50c and ROYOA=36c
    If ROY reaches $1 and ROYOA goes to 80c
    =100% gain for ROY
    =122% gain for ROYOA

    There is a greater leverage with the options and the best thing is they don't expire until July '09.

    ROYO expire in November '07, which is too soon and there may be a lack of interest.
 
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