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Wednesday, July 22, 2015 8:16:44 AM
The Empire also did a low silica run on our Viceroy pellet I'm thinking two years ago. Non of us liked the idea. We went through a ton of amide and the plant stuck like it. I know people were glad to be done with the test. It's hard to believe how difficult it is to remove the last 5% of silica in certain ore bodies. I believe the test was a success also but we do so well on the viceroy pellet that why bother.
I like a strategy of both. Nothing wrong with holding shares and making a small bet with the calls. If correct, it pays for being wrong 8 other times and I still end up even. Odds are good at filing time of some movement up and the stock price is very low for the share count to revenues generated and not going into eminent bankruptcy.
Well good luck. We could all use some.
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