American Bonanza Gold Corp ABGFF

RE: Time to go

[Antennae1]

Just FYI, most people won't exercise warrants at 45 cents and then sell those new shares at 30 cents unless they intend to lose money.  So unless the share price makes about a 50% move higher in the next few weeks, a tremendous amount of warrants will be expiring.

That means no warrant conversion money will be coming in to the company next month, of course, but it also means the stock float won't be diluted by 10s of millions of new shares from those warrants.  Naturally it's no coincidence that the company chose to take a relatively small loan recently rather than opting for a cash flow from those warrant conversions... they know.  And it also means the weight of possible dilution from warrants should be immediately relieved, which potentially may provide relief from pressure on the stock price.