Alpha Minerals Inc ESOFD

NEWS of Warrants!

[Chattyc]

Here is the news regarding the exercise of the old warrants. Good news I would say as the company (AMW) will get $2.4ish million into its treasury. As to how it will affect the market, well it is not a surprise to any of the plugged in players that have been gobbling up stock lately. Some holders may sell, some may not and some already have sold to take care of the exercise. With news like we got of the 37 meters of continuous mineralization with 4.5 meters of off-scale readings within that section, this warrant news will be a non event, just part of the process as Alpha moves forward.

Here is the news release:

 

https://www.theglobeandmail.com/globe-investor/news-sources/?date=20130208&archive=ccnm&slug=201302090852276001

[Coffinite]

Getting all of those relatively cheap warrants exercised sooner than later is a very good thing as it will allow for stronger pops in the Alpha share price.  When warrants are exercised and the resulting shares are sold there is a trickling effect that dampens the upwards momentum after a good news release. Yes, it's dilution, but the money put in the Alpha treasury from this forced

[Chattyc]

One other thing is the early exercise of these warrants takes the overhang out of the market. The financing that closed on December 5th 2012 of 2.6 million units @ $1.50 has a 1/2 warrant attached exercisable @ $1.80, it raised $4 million even. This was done for family and friends and in tight ownership. The financing  closed on January 28th 2013 @ $2.10 of flow through shares

[Campin]

I agree pretty much a non-issue... Yes might hold up the momentum for a few days but I'm guessing only half those will be sold and only to cover costs and the rest will ride.. Really with the steady stream of news we can expect over the following few months and what we have seen already, this stock is gonna wanna move. But I do think this event might represent a good entry point for some

[Tinmann]

So, here's the deal. Since Oct. 1st, 20 MILLION SHARES have traded. That's 150% of the ENTIRE free-trading float. Safe to say that most warrant holders will have already sold some, if not all of their stock. Not to mention they have 20 days to exercise. Only a moron would sell stock all in one shot on Monday to try to raise cash for the warrant exercise. In any case, it's clear that