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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (1527)	1/8/2000 9:44:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 1996

20% discount... no. The pricing of stock options for directors, etc. is a complicated affair, but here is some links if you want to read: cdnx.ca Choose your format, WinWord or PDF, and load in policy 4.4 But put simply, they can price the options at the lowest closing price for the last 10 days. Which is $0.23 There are exceptions, and without knowing the full plans the directors etc are on, it's tough to estimate if this is the last. But my guess is in 3 months time you can expect another incentive stock option filing. Anyways, actual options have a hold period, which is more important. But we now know why the price didn't climb as rapidly on Friday, it had a tough barrier to climb through. Hutch 20% below market, refers to a constant price say at $1.00 for weeks.