Hi Strauss,you wrote:"Will most likely see these sold so options...

Hi Strauss,

you wrote:

"Will most likely see these sold so options can be held"

To share my personal situation....I had a large position I had taken in QPN earlier this year, buying initially at .6 and then at .9c, so really am around break even at current levels.

I have recently participated in the T2 tranch, also at .6c.

I have not sold a single share at .6 and clearly neither have many of the other participants recieving at .6c

So if you are waiting for those issued recently new stock at .6 to sell to you, you may be waiting a long time.

I have also waited a very long time for someone to sell into a number of orders I have on the buy side for the options, and again.... not much selling there either.

We have 16 leads to drill. I spoke with the company the other week and the sense I got was that all permits are pretty much in place now...so we should see the fun begining any day now IMO.

We saw a spike to 1.2c around April this year...and today we have the cash sitting in the bank ready to commence the drill programme...so I can see us reaching new highs without too much effort.

Kiril.

I hold.