The expiration on those options is 31st Dec 2012 - Creasy has plenty. What would you do if you were (arguably) worth $200m+ and owned 26% of a company that made a new Ni/Cu discovery potentially opening up a new province? If you had 30m options at 60cps strike expiring in less than 6 months what would you do??
My guess is that you would do what you could to avoid having to grease the brokers on a CR - If It were me, thats my opinion.. Exercise a few, get the company adequately financed and woompa - new floor at 60cps. Thats if the results keep stacking up of course..
SIR Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
