ASHTON MINING OF CANADA (ACA) Message Board

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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Chris who wrote (1989)	9/8/1997 5:56:00 AM
From: JKNF	of 7966

<<<It seems to me that I could exercise my options and buy 2,000 shares at $3.00 and then immediately flip them at $3.75 and realize $1,500 minus fees. (Maybe get the car fixed!)>>> Chris, why would you want to do that??? Right now you have 8,000 rites x $0.25 or $0.30 = $2,000 0r $2,400.00. If you exercise and sell your stock into the market at the current level you only make $1500.00. By selling the rites your ahead by $500.00 to $900.00. Hope this helps!!! Edit(Just saw your next post, therefore I'm being redundant here!!!) Regards, John

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