of interest, page-3

the mill i bought today is a risk...yes.

However I bought most of my options way down when they were 1c and under....so perhaps less of a risk than for others.

I think "for me" 4c was a good price.....Im happy to punt that come Sept the heads will be well over 14c.....so it gives me then the opportunity to buy 3 times as many heads as I could now in Sept.....and keep 2/3rds of my capital.

1 mill heads now would cost say $110,000
The 1 mill options only $40,000

leaves me $70k "in essence" to buy other things over the next frew months.

Options are always a risk especially with only a 6 mths until expiry....due to time decay.....however im happy with the purchase.

Cheers