options

I know this is a common argument with option conversion, but why wouldn't they want the money from option conversion.

As previously stated we have the mine which will need some cash to get going, which can and hopefully will come in at the end of the year.

Questions then, would a company use cash to pay for start up of a mine or would they prefer to use credit facilities????

All the talk of mine tours for brokers and bankers, would this have something to do with option underwritting rather then a loan facility?????

There are a couple of large holdings of options by some of the bigger FPO holders. One been Linq, i would imagine they would prefer to have them converted then see them expire worthless.

Crow said recently there has been some activity in increases of option holdings.

Will they wait to later this year to hit us with some positive announcements one after the other to make sure the options expire in the money. Risky if you are only holding the options for leverage, but hence the risk.


But in saying everything it would really be nice to some information come out of the company.