GREY:STTYF - Post by User
Comment by
michanson Nov 02, 2012 4:08pm
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Post# 20556844
RE: RE: RE: RE: 10 million warrants sold/bought
RE: RE: RE: RE: 10 million warrants sold/bought Just to review, Sandstorm has 317849272 share outstanding. Warrants which expire on 12/23/2012 at 155462490. If the price is above $.70 or so and each warrant exercised then SME will receive that $.70 per warrant or as much as $108823740. And will then have 473311762 share outstanding. This seems to be a good deal for the company and good for the shareholders with a solid bottom at $.70. I would anticipate a reverse split like the other two in a year or so. At what price does one exercise the warrant? Interesting…