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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by Schillon Feb 07, 2012 6:27pm
256 Views
Post# 19502296

RE: Sorry, Schill, but...

RE: Sorry, Schill, but...

"people sell shares AFTER warrants expired ? Huh ?"

Sure. It takes some time until the shares are deposited on the account (2-3 weeks is not unusual).

"Just for your information, this is how it works usually: people sell their shares BEFORE the in-the-money warrants expire to get the money to buy-out the warrants."

No. This is not done to raise cash, but to lock in profits. If i have excercised warrants yesterday, and i want to lock in the profit, i.e. because the price rises even further, i would short the shares tomorrow, or next week, if i'm afraid the price could go down, until i receive the shares.

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