Sable Resources Ltd V.SAE

It will be interesting to hear if OSISKO...

[KewlNewf]

..maintains its percentage position in Sable going forward.

[Teakbois]

What is their holding? 14 million?

[KewlNewf]

9.9% + 8 million warrants @ 21 cents...

[KewlNewf]

Approx. 24 million shares upon exercise of 21 cent warrants

[Teakbois]

Thanks, I know how bad dilution can be for the price of a stock. But Sprott is not likely to be selling shares, and I would assume neither would Osisko. I'm thinking that most of the dilution is already factored into the price of the stock.  This is a pretty interesting situation. I just wish there were more drilling results. I dont see how to factor in sampling when it comes to

[Teakbois]

also, I'm surprised at how low the daily volume is with the number of shares and low price. Is this one flying under everyones radar?

[KewlNewf]

..also keep an eye on the SEDI reports

[KewlNewf]

Agreed..more time is needed. According to Mr.Padilla, we are likely looking at the spring before drill results come out. One enhanced positive through recent events is the heightened sense of urgency, put forth to do what is necessary to get the drill bits going at 3 or more properties.