BGDO's are now very close to being in the money already and with...

BGDO's are now very close to being in the money already and with their exercise date still a long way off, over 17 months away on 31 March 2012, they may offer those who see the advantages with options a better entry into the future of Boulder Steel

Exercise price is 0.10

So if you like Boulder and you invest $10,000 using today's close price

$10,000/0.050 = 200,000 BGDO's
$10,000/0.135 = 74,074 BGD's

This example uses the year high price for both
200,000 BGDO @ 0.145 = $29,000
74,074 BGD @ 0.260 = $19,259

I consider the options a better leverage here as things could happen quite fast with this stock, and if you happen to be a long termer then this could be a much lower $ entry right now for the same quantity and pay the 0.10/share down the track if you wanted to turn them into the heads before the end of March, 2012

I have as many of these as I could buy at 0.04 and under and my preference ATM is to hang on for the long term as I am sensing some big things in store for Boulder