RE:80 cent guarantee & $2.40 guaranteed in 3 years!
Better check your math. If you look at expected return on a 10,000 shares purchase, you get the following 7000 shares at .78 for C$5,460, plus 3,000 shares at C$2.34 for C$7,020 for a total expect return of 12,480 or C$1.25 per shares at a 1.3 exchange rate. So hardly a double if one were to pay $1.20. So if I can not trust your math. how could I possibly trust you.
Fact is the C$2.34 on the remaining shares in 3 years is extremely uncertain given we are talking junior exploration stocks. And believe me, a company can easily go bankrupt and end up paying nothing. So from a bird in the hand perspective, you are looking at getting only an immediate C$5,460 for your 10,000 share purchase or appoximately C$.55 per share.
Which is why I bought at the open at 36 cents this morning and then sold at my target 55 cents a share. The market seems to agree with me that the shares are worth 55 cents given the money recieved rights away and giving no value to some unlikely outcome 3 years down the road.