Ann: Quarterly Activities Report, page-21

I too believe the oppies will be in the money before expiry in August. I think management will have a plan to pump the price like they did with the OA's and get them underwritten. I don't think CTM management will want to waste money on a CR when they could pocket 6mil in oppie conversion. Now wether the market buys the pump is a different matter.
I think that the key will be salobo drilling. Gold appears to be the tho g this year so if they can get some good drill results out with visuals and assays before the end of May we might see the price back testing let years highs. I don't think iti has the powder to push this too hard in the short term.
Anyway I would suggest if you hold oppies like I do you should be prepared to convert them in 6mths.