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finbar99

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finbar99

Re: goldbug2009 post# 8498

Monday, 07/15/2013 2:48:39 PM

Monday, July 15, 2013 2:48:39 PM

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>>call options in 2014,2015,2016 could be in the money, I donot think GBG has sold those call options, how do GBGLF shareholder get those call options?

They could be in the money then....but they most definitely aren't now. Look at current pricing for 12/2014 options, they ain't worth doodly, and there is a very long line of creditors in front of you still.

http://www.cmegroup.com/trading/metals/precious/gold_quotes_openOutcry_options.html?exchange=XCEC&foi=OPT&venue=F&productCd=GCJ4&underlyingContract=GC&floorContractCd=GCJ4&expMonth=201404&prodid=

(you have to change month and switch strike range to all)
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