Gral
I agree. CHM wont win. But there is a slim chance.
Insurance thats all I'm talking about.
Lets do some maths.
I buy 1 million CHM shares at .025 cent = 25000
I own 100000 MMX shares at say 4.00 a share = 400000
If CHM case is thrown out or lost in court do you think MMX will raise on the day by 6 %. I do.
I lose 25000 and make a whole lot more on MMX. All the while sleeping soundly.
Now the CHM postive case.
If CHM win totally and get say 400 million ish ( I dont know the exact value of Jack hills )
The share price will go to somewhere near 30 cents plus. Please dont quote me they could go higher or lower. You get the idea.
Thats $300000 to me a small outlay covering my massive MMX losses.
Now the second option
Settlement. MMX go up and CHM go up. I win both ways.
Tell me how I lose here.
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