Newstrike Brands Ltd NWKRF

ORIGINAL WARRANTS VERY ATTRACTIVE HERE

[goldman777]

Looks like the 6 cent asks got scooped up pretty quick on strong volume, 2 months to go before the recreational launch and NewStrike looks very well positioned to be a leading force right out of the gate. Looks like a good bet as I think the short position will diminish across the sector as Oct 17 nears. So with 60 million warrants outstanding and a strike price of $1.75 per common share, although a tad risky there is still 18 months or so for HIP to basically triple for these HIP.WT to really offer up a pay-day. Lets see if I have this right - Buy 200,000 HIP.WT @ .06 = $12 K - and if HIP hits $1.75 you swap them straight across for one HIP share  which would put you at about $350 K.....or.....even if HIP shows some strength on sales numbers and the s/p breaks back through a buck like it was just a few months ago then the warrants should be trading somewhere around 17 - 20 cents, maybe higher if sector sentiment is strong....seems like a pretty good throw of the dice. Anyone agree