Smash 'N' GrabBeen wanting to put this up for discussion for...

Smash 'N' Grab

Been wanting to put this up for discussion for awhile...

This affects both fully paid share holders and option holders.

how does it happen??...well...the following is a scenario
ONLY...
The smash will happen to the head shares ,keeping the price down by off loading large lots of shares to create uncertainty ,and inaffect subdueing the option price.

The purpose is simply to sell one head share and with that money buy 5-6 options ,now with the leverage that that option bring, this is easy to understand why it would be done...

When is a good time to do it?...

Well, first it has to be done by a large holder who can control the market on a good announcment, creating the doubt ,as the holder sell's relentlessly ,this sets the options up for easy picking .

Did it already start to happen since Mid triassic entry???

Will it happen on the next announcment???

anyway I'm rooting for the option convertion to go through
and wack the 24 million in the bank to pay for 51 and 52 drills ,and I don't think they will buy crap ground with the left over money,........I hope they pay good dollars and buy some good ground!!.

W'll find out soon!

Cameo..

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enjoy this long weekend if you hold, sweat it if you sold..