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NORTHERN SUN MINING CORP LBEFF



GREY:LBEFF - Post by User

Post by JohnEStromJron Jul 03, 2010 3:42pm
363 Views
Post# 17241260

Good News!?

Good News!?I just noted that the officers and directors were just granted options - total of 1,350,000 effective June 24, 2010.

Unfortunately it shows only 350,000 options at a price of
.19. The other 1 million don't show a price. I'm guessing they would be at the same price but it's always dangerous to guess. The right hand column also refers to them as "units" which often/usually/sometimes means a share of common stock and a warrant. Does anyone know?

The good news is that they think the price will go up but the other side of that coin is that they don't have to buy if it doesn't go up - and they've lost nothing. Not sure the end date of the options, either, so if anyone knows that would be helpful. So, here's hoping we're going up rather than down or stuck in no-man's land!



https://www.canadianinsider.com/coReport/allTransactions.php?ticker=LBE
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