GREY:PGDIF - Post by User
Post by
Kidlapikon Aug 25, 2014 10:25am
154 Views
Post# 22874371
Rights Warrants
Rights WarrantsEven IF this falls below 0.21 after Sept.9 I will still exercise all my rights. A 6 month warrant for 0.21 is a hell of an incentive.
0.21 at 216 shares issued is a market cap of $45mil. The in-situ as it stands right now is $1.5billion, the increase in just the CH-6 brings JUST Ch-6 to between $3-3.5billion to a depth of 350m. That is without any of the long list of economic pipes, potential for discovery, databases, kimberlites located next to existing mines that I dont feel like mentioning for the 50th time.
If you honestly believe less than $45mil is where this play will stay until it simply dies then please sell and move on.