thanks guys.I have lots of mcooa, but don't think I will...

thanks guys.

I have lots of mcooa, but don't think I will exercise these at 25c (unless the heads are at 25c), I will take the loss on them if I have to. I have however been picking up heads at their knock down price to hold longer term.

I think I'm in the same boat as a lot of others who hold options, don't like to lose money, but to pay 100k for the options to be turned into heads will not be an option for me, espically if I can pick up the same heads at 17c.

I hope that they extend the date, or even bring down the expiry price if they can.

The other way is that the options get into the money but I'm getting a little bit dispondent on that front. Seems to be lots of work going on behind closed doors (which you only find out about on hotcopper-thanks). I wish management would open up a bit more to the market with what they are doing, as it would help create some interest.

Another case would be for gold to sky rocket, but thats another pipe dream.

Holding on in there, with ever increasing losses....is there a glint of gold hope?