Member Info for sire_frugalman

well spotted nothing to see here folks

https://ceo.ca/insiders/bhp-billiton-plc if I understand that right?

source fruitbat? Sounds like bs

Or, to specifically answer your question Jerry - you wouldn't buy cheaper in the open market because you are either unwilling or unable to part with actual capital at this moment in time. In the scenario described, no liquidity is required on the part of the company or director.

Jerry. I'm not sure that in practice you would, I was just answering the question as to why in principle this would happen.

But to entertain this hypothetical - if you're confident that the SP will rise above the current higher than market value strike price, doing so via a loan still allows you to acquire more shares without needing any immediate liquidity.

Where as you wouldn't get such a loan to buy in the open market... right? The company would actually need to _spend_ the money they're loaning you to go and buy stuff in the open market. Where as to exercise options, the company, in effect, basically just gives you shares, rather than giving you cash off the balance sheet. Happy to be correct if any of this is wrong. Bit of finger in the wind and speculation.

it's 38p on TSX as well DBW stop spouting rubbish

Jerry, isn't is so they can exercise the options before they expire without actually spending their own money?

RK1 still waiting for that best hole in south america are we not?

55p by friday

I would recommend anyone entering now hedge their bets. Probably wise to not go all in now.

If the rise proves warranted and we get fireworks - you make money. If it's another false dawn (and there has been many), you can average in more capital at lower prices.

PFS on Alpala in Q2. Many here hope for corporate action that is rumored to follow.

Updates on Porvanir and Rio Amarillo could also prove catalysts.

You remember correctly.

A conspi****** might tell you that the swiss based entity we now have set up for unclear reasons could be a way to make perceived problems such as this more palatable, but what do I know?

Talatum that is nonsense. $25B free cash flow last year and you think they'd need to start disposing of holdings to pay this?

well if you assertion was it's telling you that we'd finish blue, with 6 minutes to play I'm afraid to say it was wrong.

RK1 so looks to me the price has now gone down. Good thing you informed us you threatened to sell some shares.

who cares

redknight what are you on about "still bid" i swear to god all that talk is utter drivel

PFS, bid, then a Rio RNS to help with the bargaining and flush out any further 3rd parties :-)

55p by friday

only 33p equiv it's just catching up