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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Options vs Stock

Jan 01, 2009 06:05PM

Pam with all due respect - LOOK at the numbers. You can by a Jan$2.50 at $.10 or you can buy the STOCK at $.15 that never expires unless BK. Now for the difference of $.05 or so why buy options with higher commissions and if the stock starts up lose $2.35/ share before you have parity. Buy the stock and when we start up you can sell the premium in the $2.50's. Let's say Kry gets the permit and goes to $2.50 or higher the options of 2010 are going to be worth $1.00 or more depending on time remaining. You've now picked up $2.35 in real $$ and you can sell the Jan 2010 $2.50 for another $1+. With the option you need the stock to be $4.85 to equal what your option investment is worth. Ponder!

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Jan 01, 2009 08:52PM
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