High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"

NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

Hub Home

> Log In

Demo Video
Private Messages
Edit My Profile
View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE .... TUESDAY FEBRUARY 14TH

UPDATE 1:30PM

Graphite is the Emerging Investment Story of 2012

Graphite Investment Conference Vancouver

Find out more today!

Breaking News ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

Message: Decision becoming clearer

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

samsawchuk

Rank: [?]

Treasurer

Points: [?]

697

Rating: [?]

Votes: 65 Score: 3.1

Currently 3.1/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Decision becoming clearer

posted on Nov 20, 09 05:06PM

Based on EOD prices today, I did some analysis on what to do with my FWR shares on Dec. 1. I bought 250,000 FWR shares Aug 6 @ .27/ea. Today on the market they are worth .55/each.

So I can:

1. Hold FWR on the hope they hold this price. (nothing tangible to support that idea though).

2. I can sell FWR for a capital gain of 104% (before tax)

3. Or I can tender them to NOT for a gain of 112%.

		Price	Qty	$ Value	pretax	Gain
6-Aug	fwr	0.27	250,000	$67,500.00
20-Nov	fwr	0.55	250,000	$137,500.00	$70,000.00	103.7%
20-Nov	not	2.29	62,500	$143,125.00	$75,625.00	112.0%

It becomes obvious to me what I should do. Sorry Mac, I would have liked to have seen you make this work, but I am in this for the money. Option 1 is not an option anymore. So it is #2 or #3. Option #3 maximizes my return, so if I tender my shares & then immediately sell the NOT shares, it is worth the most to me. And with a few more NR like yesterday, I may have to re-think that selling part.

(yes - I do own NOT as well)