Continental Resources Group, Inc.(fka CRGC)

[TheSeed1]

I don't see your point either. My average price right now is .22 for CRGC. You say that the risk is if PGLC drops from .50 to .25. If that would happen, then when you take the conversion rate into account, CRGC would be worth .20. I loose only .02 (10%) and you loose .25 (50%).

Here's the interesting thing for 100% CRGC holders, like me. If PGLC drops to 0.275, .8 conversion would bring CRGC to be worth .22! I am in the same place, no loss, and you are down .225(down 45%!). Of course, I REALLY hope that doesn't happen. I'll buy some PGLC if it goes under .275.

I'll keep buying CRGC. I'll either meet PGLC somewhere in the middle, capture all the gains of PGLC at conversion, or end up right where I am now. Downside is extremely minimial IMO.

GLTA to all CRGC and PGLC shareholders. In the end, we all win if PGLC goes up. CRGC holders will just win more.