re: ** bring it on 50c , is that all? 1 million ou
Hmmm all very interesting stuff, wink wink.
KCN assumption that Andean option holders exersise. There are 34mil options on my books at exercised prices of .08 up to .20cps. If exerised this would put in excess of $5.0 mil in the KCN coffers. KCN would acquire (possible good chance of obtaining -all in the one hole- a 1 mil oz mine?) + many other excellent sites within the tenement areas that have some past results on record.
A 1 for 15 script entitlement would add about 20.2mil shares to KCN's register, assuming options are exersised. So we have a possible scenario of an additional 20.2 mil shares in KCN, a cash acquisition balance of say ($9.0+ mil.) if options are exersised, and by adding cash on hand (AND) being acquired by KCN.
AND Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held