Let the drill bit do the talking., page-216

what if they go from 17 cents to $1 the month after the options expire worthless? 100% loss on the options and 500% approx gain on the shares. Buying time wasting assets is simply a waste of time. As we all know, quite often things can take a lot longer then we hope for on an explorer. the options should probably be trading at less then 4 cents today based on how much time left vs the current stock price. 7.5 cents is a crazy price.