Telsor, from another angle go look at the CRCO chart...

Telsor, from another angle go look at the CRCO chart encompassing the last option 20c conversation in February 2007.

CRC are experts at the conversion game as you can see.

Like 2007 as in next year they won't let these oppies go. They'll want all of them and their 20cents so your guess of 30c or better by years end will be smothered with anns re mine development to conversion day.

I think all those oppies will be converted and there will be much clamoring for more. XAO should be ~5000 end of the year so management will be pressurizing the sp big time.

All of that and a ~$1.7k gold price and.......wow 60c is possible 6-9 months with a decent reserve upgrade.

imho