This is the best news yet. Do you really think that they would go and grant themselves options at this price if they thought the stock was going back to
.20? The company did nothing wrong. That is how the game is played. Like it or not. I think that they hit something and really like how the cores look and are waiting for the assays. How would you feel if they announced the assays, the stock runs up to
.40 and then they issue options at
.30 cents. Still in line with an average share price yet now it looks really bad. This is definitely the lesser of two evils.
My opinion is that this stock is going much higher in Jan. Jens has just given the whole market an indication of how the drilling is going. Do with this info what you like. They have been meticulously slow in drilling this property and I think the time is almost here when Melkior shareholders will be handsomely rewarded.
P.S. Look what happened before Beaufield ran up. He put a press release out about the drilling and said they had hit a huge intersection of massive sulfides. No one cared. If you had bothered to buy stock you made 400% on your money. Good luck.