Hello Mooshman.Whilst I have read similar comments by other...

Hello Mooshman.

Whilst I have read similar comments by other posters we also need to remember that it ran to $1.20 in ANTICIPATION of good news out of Leadville.
Different times and share dilution doubled yes I agree. But if there is a major gas show in Leadville then the heads could easily run to 60c or more prior to flow tests IMO. And this gas show could be realized 3-4 weeks before oppies expire.

So yes if all the ducks line up and everything goes well and there are some major gas shows down below then theoretically the oppies could get to around 40c.

Not a bad risk/reward ratio if you ask me.