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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Message: Re: KWG Resources Inc.: Black Horse Smelting Test Produces 61.9% Cr in Ferrochrome

I haven't followed that close, but I believe the last options were at .62. That is, and always will be, the bestest way to encourage the powers that be to put every effort they have towards a better share price.

Right now, I would fully support a move to double their number of options at that price. Why not? It costs nothing, but should give them the needed stimulus to get the share price up to and above that strike price.

Think of it. We have 200 mill shares out there at .24. That translates into a 48 mill market cap. Suppose we allowed them to issue another 5 mill options at .62. What is the cost, nothing.

If it got them off their collective asses, and they drove the price to .80 so they could exercise their options, they would profit by 900k. However, the market cap would increase to 160 mill, or 112 mil gain. They would get .8% of the gain. Works for me.

You can throw any number you want into the option price. If they get to exercise them, the shareholders in general will have far more to gain than the optionee, in all cases.

Best regards on a rainy day

K

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