check out the oppie play

Might be worth having a look at HEM.

Small number of shares on issue and they are issuing 1 oppie at 1 cent for every 2 shares held with an exercise price of 20 cents in March 2010.

You have to be on the books by 10 July.

Share price sitting at 25.5 cents so it looks like the oppies will be in the money when they list.

Drilling program underway as well.

About Hemisphere Resources Limited
Hemisphere Resources (ASX: HEM) is a listed company exploring for nickel and gold in Western
Australia, and with priority applications to explore for uranium.
Co-founder and Managing Director Danny Costick has cultivated and extended his knowledge of
the Kalgoorlie-Boulder region over a number of years, since he was a student at the Western
Australian School of Mines in Kalgoorlie.
The Company holds advanced exploration projects on which further work is being conducted.
Between them the Directors have excellent experience and the skills to bring the Company’s goals
as an explorer and producer to fruition. Consultants with specialist expertise are brought in as
appropriate.
The Company has a tight structure with a market capitalisation of $6m and at present has
approximately $3.6m held in cash to implement the Company’s development program.

Cobby