Post by
thasis on May 22, 2007 1:43am
Dundee''s Warrants
June 8th is just around the corner and 16 million warrants will be exercised by Dundee Precious Metals Inc. This means 6.5 million cash in the till,so a bump of .043 per share.There should be some meat in the Webcast: Projects Update May 31, 2007, 8:30am Pacific Time or we will see some downward selling pressure with the additional outstanding dilutive shares.
On another note we seem to be holding up reasonably well with the U correction and SOX appears to have been dragged down with it?
Could be said that is where a balance of Gold and Uranium gives us a nice cushion.
Some juicy U numbers should not be far off.
Did anyone notice that Dixie Creek instigated yet another 2000 ft drill program.(In March the Company began a second phase diamond drill program consisting of one diamond drill core hole, which will be at least 2000 feet in depth.)
Will we ever learn? Hope I live to eat my own words.