I can't beleive that we are talking about more stock options. As if this company doesn't have enough outstanding shares as it is. We currently sit at 478 million plus shares and now another 17.7 million. I really don't know if this play can get anymore diluted then it is right now. Almost 500 million shares must be some kind of record for a company being traded on the Venture exchange.....retarded.

They have these options available until 2014....thats crazy. It seems like a perfect set up for the directors, officers and consultants of the company to make a tonne of money if this resource play gets proven....without any of the risk like the rest of us are taking. They get to sit back until 2014 ( or earlier) and wait to see what happens and if we strike oil then they simple exercise their options and buy for 10 cents. I guess its pretty easy to win the game if your the one making all the rules.

I guess that explains why no insiders were buying shares when we were at 1.5 cents. Why waste money when they can find out what happens first.

I guess thats my rant for the day. Now that its out of the way maybe the rest of my work day will be productive.

Later

Later