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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by wordlesson Oct 30, 2012 4:22pm
207 Views
Post# 20541324

RE: RE: RE: RE: RE: Paradigm sold 500,000 warrants

RE: RE: RE: RE: RE: Paradigm sold 500,000 warrants

.....warrants for .005

I would like to invest.....but I just don't understand how it works

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The warrants are a total gamble.  The expire in 2 months and are exercisable at $0.70 - Therefore if the price isn't above $0.70 you lose your money (Unless they extend the warrant life).

 

I own 30,000 shares, but I bought the warrants casue they are only $0.005 and Nolan has been on the PR machine lately (more news to come maybe??). I could get lucky but most likely the warrants will expire worthless.

 

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