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Sandstorm Metals & Energy Ltd STTYF

Metals & Mining Industrial Metals & Minerals


GREY:STTYF - Post by User

Sandstorm Metals & Energy Ltd > Paradigm sold 500,000 warr
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Comment by cloudrunneron Oct 30, 2012 5:02pm
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Post# 20541483

RE: RE: RE: RE: RE: RE: Paradigm sold 500,000 warr

RE: RE: RE: RE: RE: RE: Paradigm sold 500,000 warr

 

"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 too don't know this process.. is it correct that if I bought 10,000 warrants today for $50, and then the price of SND went to $0.70, I would then own another 10,000 share of SND or is there another amount that I have to pay to excersice them?

 

Thanks in advance for the clarification.

 

 

 

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