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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by wordlesson Nov 08, 2012 2:55pm
309 Views
Post# 20578000

RE: re: warrants

RE: re: warrants

These warrants were issued in connectionw ith a private placement.

 

I doubt they will issue new warrants until they doa  private placement.

 

They have lots of cash on hand and once cash flow starts coming in, they will liekly be able to do the next private placement closer to $1 so I see them simply managing the current portfolio for the next little bit to ensure the cash starts coming in. I expect the next year to be pretty boring (mayeb a new stream announcmeent, but its in shareholders best interest for them to do a PP at a higher price).  I'm sure there will liekly be warrants atatched tot he next PP.

 

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