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Gold/Mining/Energy : Vantage Enterprises Inc - VEC on Vancouver
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To: TomKing who wrote (1379)11/19/1997 6:23:00 PM
From: Leigh McBain  Read Replies (1) of 1476
 
Tom, all you did is reiterate what I had already posted.

My apologies to those reading the thread if my original post was not clear enough. All that the report means is that Rudi and Dil were granted options with an exercise price of 1.88. It does not mean that they exercised them. As a matter of fact, if they had exercised the options the report would show 2 separate transactions (if memory serves me); 1 showing that they had disposed of the options and 1 showing the acquisition of the same number of common shares, at the same price. A third transaction would show if they then in turn sold the shares.

I hope this helps any of you who were confused.

Salut,
Leigh McBain

PS - Tom , why don't you take it easy on those who are just getting started. The thread for Vantage is not exactly bogged down at the moment and after all, we are all here to help one another and share information, are we not?
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