RE: RE: Is this why no buying or selling? The way I look at it is :
They ( Canaco ) granted themselves options at $4.56 days before infill results were released and the stock went up on those results , bcsc is saying that they had the results in hand and knew the results , so they ( canaco ) should of known that the stock would go up , thus canaco should of issued options after the releases.
Canaco is saying that the infill results should of meant nothing ( non material) and the stock would be neutral , so they issued options , thats there claim ( canaco) , that they thought the market would not do anything with the results
This p$ssing match means nothing , i think , the options were at $4.56 , they never profitted from them , and all results were released .
What canaco is saying is that if the bcsc will not allow companies to issuse options while drilling , that means no junior company can EVER issue options, EVER , as long as they are drilling , no options can be granted .