SIB siberia mining corporation limited

re: **gold bugs any view on this** Recent placement at 24 & a...

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    re: **gold bugs any view on this** Recent placement at 24 & a rights issue in progress as I type.

    "any potential buyers should be aware that their are 55 million unlisted directors options exercisable at 5c. They are still escrowed for a fair while, but obviously their dilution impact is considerable."


    The above is all the more reason to get the share price up as it much easier selling into a rising mkt. In any case that is in a 'fair while' whatever a 'fair while' means. All you have to do is read a couple of ASX ann & all is revealed.

    IMO SIB is a buy right now.
 
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Currently unlisted public company.

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