Re: all optioned up

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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BarbuBeatnik

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Re: all optioned up

in response to

Re: all optioned up

khareema

posted on May 11, 2011 04:34PM

Great post, K. I also noticed the 10% limit reached, and at this very time, this is not immaterial!

Should we add that exercize of options brings quick and fresh cash in the Treasury, with no finder's fees nor commissions nor paperworks. Given that they will only be exercised in-the-money, they may be called 'efficient dilution'! GLTA. BaBe.