RE: PDAC UpdateThanks to both of you.
Did Lori say anything about the warrants? It would be best, IMHO, for Firestone to find some one to buy the block, I will be look for large block trades in the next few months. Our share price will not rise above the low fifties until these warrants are dealt with.
I see a financial crunch looming in the distance; we will need to do another financing within the next year, lets hope it will at a higher price then the current SP.
If Lori plays her cards right, maybe she can work a deal, if the SP drops, to the mid to high thirties, and she can find a house to take a large block of warrants, then once the warrants are out of the way the SP should find a new base $0.75 to $ 0.90 and then do a new financing. You never know, the house that bought the block of warrants might even agree to do the financing.