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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: Nexus who wrote (769)5/4/2000 10:21:00 AM
From: Claude Cormier  Read Replies (2) | Respond to of 1907
 
<<At what price did he get those options?>>

Can't be sure, but I notice in some 1998 documents that there were 460,000 options at $1.60 pending at the time. It may be those ones.

Again Nexus, have you study the NR on Marlin and try to figure out the potential of this one and the amount of work done so far?

IMO, FGX is giving us the best of both world:

1) A strong undervalued situation

2) a major exploration play with world class potential.



To: Nexus who wrote (769)5/5/2000 9:23:00 AM
From: James N. Wilson  Respond to of 1907
 
<At what price did he get those options>

Nexus, to be honest, I'm quite surprised to find the options set out there for 5 years before being exercised. After reviewing the BCSC insider trading reports, I doubt if that would be the case if they belonged to CMS.

james