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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
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Comment by thegazelleon Oct 30, 2012 6:00pm
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Post# 20541686

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

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

Hi Cloudrunner:

As I understand it (and I could be wrong), if the stock price hits .70 cents, it gives you the right to purchase shares at .70 cents.  I suppose the advantage is, if the price hits .90 cents, you are still buying them at .70 cents.  However, if the price is under .70 cents, the warrants expire worthless and you lose the money for which you bought the warrants.

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