RE: Conversation with Bill Tempany Peter if you were guaranteed to get in on the second leg it might be worth it especially if you firmly beleive that we are going to hit above .30 before the warrant expires. That's one of the big risks as we have never seen anything happen in this industry very quickly so the chances of the warrant expiring is 50/50. The second risk (assuming as you say you have plenty of stock already )is you will need to trade some of your existing shares to buy the PP and right now the liquidity of this stock is abysmal . Any attempt to sell decent volume into this junior will take it down very quickly. The bids are not very impressive just now. However if you have spare $$ then maybe it's a no brainer @.22 so the real question is what is the minimum buy order to get in.
TO_Canuck