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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by mr_man_0915on Mar 11, 2008 9:52am
390 Views
Post# 14638295

RE: Warrants exercised -silver top-thanks guys

RE: Warrants exercised -silver top-thanks guysHi Matt and Hali....I still have some of this laggard as well and echo many of Matt's criticisms....Hali's points are valid too but his is a more optomistic persepctive to be sure....anyway, do either of you have confirmation of of the warrants, and thus the cash from coversion, was done recently?....I don't own enough for long enough to follow in the financials whteher any of them were previously exercised and proceeds spent....if most or all of these funds were recently generated...just what the heck were they doing isuing 300k plus units in a non brokered placement only a few weeks ago...someone somewhere posted one of them said something about a few prority holes needed to be drilled...um, did you really need that money when warrant proceeds were right around the corner?, or did you just gift them to someone?...anyone else find that odd?
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