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Gold/Mining/Energy : Rock Resources

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To: the Chief who wrote (1723)2/24/2000 9:04:00 PM
From: slick stevens  Read Replies (2) of 1996
 
Chief,

Yes, I'm fully aware that this is a CDNX play and not a blue chip play. At a $0.15 entry point for you, this is no big deal - for the guys that don't have a 4 bagger in hand and recently entered the rkr market, it's not the end of the world but quite frankly, it's a piss-off.

I've got no problems with juniors issuing options at market price - if they've got confidence in their product there is no need to undercut current market pricing.

Perception is important in the world of a junior mining play - a company that significantly undercuts market prices with new options does not do its current investors a favour IMHO.

slick
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