CoachI think we'll have to get to around .80 cents before we see any pressure from .60 cent warrants.(5.75 mil. expiring Feb.25/07) .20 cent profit would probably have some warrants exercised and put into market. There's 700k agents options as of our Nov. 24 MD&A (expiring Feb.25/07), that will be the source for any resistance near term. This will be cash in the till for our new drill to hit the slopes. The recent report pegs Reyna as a high priority target, and I am looking forward to seeing advancement on that gig.
The 5.75 mil. number is from the same MD&A report.