Re: options and money
in response to
by
posted on
Jan 02, 2013 12:46PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
Does anyone know how many insider options will expire soon? Vette is right, if the sp does not go up substantially soon those options could expire worthless. However, the plus side is it reduces the total outstanding shares.