botcap, I suggest you graph BLRO and see how clever management manipulation can produce outstanding option take ups.
Interesting point is that a few months out from expiry the price begins to languish then brightens at the last minute.
CRCO and LYCO are languishing. If management are up to the task there's ~$4 million for the taking.
Irrespective of the appeal.
CRC management must get those options in the money within 4-5 weeks.
If they can't they might have to have a CR to get finance. And that's another possible problem. World money markets are closing shop. $42 million for a mine just might be too much of a stretch for the finance industry. That bank which almost went to the wall 10 days ago and forced 6 Central Banks to guarantee USD overnight funding throughout the US and Europe was our finance sponsor Deutches Bank.
It's one hell of a time to build a gold mine.
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