RE:RE:Got them cheap!Tim2Agami wrote: If the pattern and strategy goes as usual, the 80 centers will be sold off by the placees into the market as soon as the hold comes off, taking instant and substantial profits (and putting pressure on the share price as the tens of thousands of shares are dumped), and the one buckers (free) warrants will be kept for exercise into replacement shares in due course down the road -- but they are already well in to the money.
At least 2/3 of this PP has been taken over byEric Sprott. Therefore, not too many shares of this PP will come onto the market soon.
I am sure that Eric has much higher share price target than CAD 3...
"Eric Sprott has agreed to subscribe for a minimum of 2,000,000 Units (Mr. Sprott also agreed to sign a voting agreement with Teuton promising to vote with management in the event of a hostile takeover bid, and to vote with management if it agrees to accept a takeover bid)."