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Gold/Mining/Energy : Champion Resources - CHL.vse -- Ignore unavailable to you. Want to Upgrade?

To: T.Bill who wrote (24)	12/10/1998 11:01:00 AM
From: rdww	Respond to of 176

were they granted finally last week or were they newly announced options ? The deal w/ the SA has been on the works for 2-3 mths - and the excitement about the deal has been in the Van office for 2-3 wks now. Never like to see options coming that close to the 'kick off' day of a NR - but w/o incentive - these guys get what? Salaries are not what everyone is working there for - it's the potential of the options. That said - this is another part of the Lundin group - I am surprised to see that they want to take this project to production.They already have Tenke + Int Curator looking for production deals and now Argentia Gold is in play for a takeout. I hope that the loans are being setup so that all the details are done for a producer to walk in and say - thanks - here's a big cheque for setting this all up for us! Lundins gotta need the cash not the cash flow soon for their other projects.

To: T.Bill who wrote (24)	12/10/1998 11:15:00 AM
From: rdww	Read Replies (1) \| Respond to of 176

the options were finally granted - they must have gotten the okay to reprice since some of these were granted years ago. The most recent grants were in April 1998. Champion Resources Inc - Champion Resources Inc CHL Shares issued 16,746,940 1998-11-27 close $0.34 Thursday Dec 3 1998 On Sept. 13, 1995, the company granted director and employee stock options on 100,000 shares at 15 cents expiring Sept. 13, 2000. On Oct. 12, 1995, the company granted director and employee stock options on 120,000 shares at 15 cents expiring Oct. 12, 2000. On April 22, 1996, the company granted director and employee stock options on 400,000 shares at 15 cents expiring April 22, 2001. On July 19, 1996, the company granted director and employee stock options on 105,000 shares at 15 cents expiring July 19, 2001. On May 12, 1997, the company granted director and employee stock options on 25,000 shares at 15 cents expiring May 12, 1999. On July 23, 1997, the company granted director and employee stock options on 50,000 shares at 15 cents expiring July 23, 1999. On April 1, 1998, the company granted director and employee stock options on 510,000 shares at 15 cents expiring April 1, 2003. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)