Gammon Gold Announces Significant Drill Results At Ocampo


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Gammon Gold Inc. (NYSE: GRS) provides an update of drill results from the Ocampo exploration program for the first four months of 2011. As of April 30, 2011, the Company has completed a total of 56,704 metres of drilling at Ocampo, utilizing twelve drill rigs working on surface and underground. During the first four months of the year the Company has completed 145 core holes for 28,439 metres from underground. The primary focus of the underground drilling is to extend and delineate known resources along 6 vein structures in the Northeast Underground mine, the Level 2 mine and the Santa Eduviges mine. Highlights of the program are as follows:

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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