OTCPK:PILBF - Post by User
Comment by
MightyStocksComon May 07, 2009 1:27am
710 Views
Post# 15973450
RE: Don't forget the warrants!
RE: Don't forget the warrants!Ah yessss...don't forget the warrants indeed.$0$0$0$0Arguably, these are the most juicy warrants on the TSX.$0$0$0$0$0I bought 10,000 myself at an average of 0.22 in late Feb.$0$0$0$0$0Seeing how quickly PLS came down from over $10 and the fact that these warrants expire in early Jan 2011, I'd say there is a realistic chance of seeing at least $6 to $8 in the PLS SP before then...just on speculation alone of the apparent infrastructure boom (especially in California) and...dare I say it...perhaps the possibility of a rebound in house building (perhaps in late 2010).$0$0$0$0$0Even the re-instatement of full operating hours...perhaps sometime this year...will be enough to send PLS flying I'd say. Also expect an increase in PLS activity around the time of the annual meeting early June.$0$0$0$0$0Given where PLS was in 2007 operationally and how high their share price was...then compare that to where they are now and the potential in the next year or so...and wow...what a jaw-dropping opportunity with the warrants!$0$0$0$0$0JMHO...Good luck!$0