***SHOWDOWN AT HIGH NOON***The seller at .53 doesnt think its worth less than that, but the weak hands that just fell is a good sign...
Any project advancement news will be good for HBK...and the stock price.
The c1/c2 rocks will be needed no matter what.
And its cheap to get at them.
Even a PP of 10,000,000 shares @ .50 with a early exercise warrant at a higher price is doable now. That's $10,000,000+ in the treasury by the time of completion of EA...or sooner.
Panamax's will be lining up.
Those are the facts.
Can you say 'bought deal'?
WORST case.
And there will be another $750,000+ from the 'early exercise' clause of the last $750,000 PP. Bonus. "Trial Mining" or "Something Else" ???
Palladn