Post by
jermiah777 on Aug 08, 2022 5:04pm
Options
The latest email I got from Arthur was again very encouraging. He commented on the options given. Will quote it-------------------------The Company has approved the grant of an aggregate of 2,560,000 stock options (the Options) to purchase up to 2,560,000 common shares (the Shares) in the capital of the Company to one director and officer and two employees of the Company, in accordance with the Companys Stock Option Plan. ----------------------The Options are exercisable at $0.30 per Share. ----------- Art mentioned that this officer and employees were delighted with options at 30c. But that should give us confidence knowing they are absolutely convinced they can successfully help company share price to go way north of 60 cents and beyond. These ones occupy critical positions that have a huge influence on making sure drill campaign is successful. By giving them options, they are highly motivated to have project successful and get share price in the money for themselves. So they join all the smart money that bought in at 31 cents on last financing. So we can relax. Don't sell your shares at 28c.. just be patient and sell in the 60's or 70's. Also Arthur commented on gas prices. He said if gas prices stay what they are today...August 8th...for all winter that would be FANTASTIC. That was the word he used. Remember gas prices a few years ago were as low as 2 MCF. That made it questionable whether it was economically viable. But when gas tripled to 7 or 8MCF now Trillions gas field was extremely lucrative. So keep this in mind. At only 7 or 8 MCF, TRILLION is a success. 10 MCF is another 50% gain which is wonderful. But 16 or 18MCF is over 100% gain from what ALREADY was fantastic....but we have entered into the 22 MCF range .which is like 200% over the 7 MCF that made Trillion's original economics wonderful. So we have ALREADY arrived at the gas price that makes Trillion's project a once in a lifetime opportunity. Don't sell your shares.
Comment by
PlayaDC2012 on Aug 08, 2022 5:33pm
Nice confidence there. You could sense the energy and excitement in that correspondence. That only confirms my stance that this equity offers one of the best risk v rewards out there.