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Plexmar Resources Inc V.PLE



TSXV:PLE - Post by User

Bullboard Posts
Comment by BlindBoyon Jun 12, 2006 4:14pm
606 Views
Post# 10978596

RE: 0.45 $ within 2 weeks

RE: 0.45 $ within 2 weeksCalvin8r: " it isn't the warrants being sold off? " === Why would any participants sell their warrants? That would be foolish, since the warrants are a freebie at this stage. Presuming they've hedged themselves by selling (all or part of) their common PP shares, they can hitch a free ride on the warrant over the next year, and only ante up the cash (to convert) if the drill results hit the jackpot.
Bullboard Posts