options totally out of the money, page-5

I've got 150,000 to exercise and been thinking this through

At this point I will exercise the options if the price if above 20c and I'm still happy with the way things are going

If a bunch of option holders start buying on the market the price is going to go past 25c anyway.

If I don't exercise odds on the price will fly within days of expiry!

However I don't see the price rallying anytime soon. I've got shares in highly profitable small cap coys trading on pe's of 3 to 4, that is the reality of the market right now.

When the goldies finally come to life, its going to one heck of a ride though.