botcap, "Obviously there is less chance now the options will be in the money, perhaps 1/20th of the chance."
I'd say like 50/50. CRC have been drilling Majors Creek for months and not one ann. When it comes it'll be a doozy.
They don't want to go to a CR. The options are the best route for the company and, imho, the shareholders.
CRCO at .1 cents are a reasonable punt.
I've seen worse odds come off.
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