Paps have a look at SEHOC ex dec2012 12.5c still out of money,...

Paps have a look at SEHOC ex dec2012 12.5c still out of money, in January many were writing them off. Went up 400% in a few weeks recently. CCCOs will run hard once SP approaches 50c which is certainly possible when Penumbra starts producing & Botswana results are in. A clear Ann on DeWitt will help greatly too.

Some other examples of oppies moving fast are ESIO, RRRS, MHMO, PEKOA, AVBOB, ... I'm sure you can find countless counter examples of other oppies failing. One imagines that management wouldn't issue 17m new oppies recently to advisors & consultants if they thought CCCOs were worthless. If all 77m are converted that's $38.5m. Don & co will be busting their asses to get this $$$ into the Conti bank account to fund Dewitt, etc - of that I have no doubt.

But yes, oppies are not for the faint of heart - only for rusted on conticoalers & fools like me :)