RE:RE:RE:Explore why should and shouldn't ES exercise his warrants I think people have missed the point ... If I were ES, I would want to renegotiate the warrant price of 1.75 price to be more in line with the actual market price (which he has orchestrated lower for the purpose of acquiring more shares on the cheap.
I am sure EXN management is being taken care of by ES to ensure this goes to plan ... so far this is what we are seeing with the anemic EXN volume despite awesome drill results)..
Nobody is questioing ES interest to own a big chunk of EXN, just how he will go about it. The guy is a billionaire after all and that's just how sharks operate. These guys understand human psycology and know how to shake nervous nellies out of their position.
I seriously hope I am wrong, I am all out of cash and have put everything I have into this stock so it would be nice to become a millionaire early, however I still think I will get there.
I just may have to wait it out abit ... Won't be long now before we see if I am right ...