GREY:DREXF - Post by User
Comment by
amboozeon Apr 13, 2009 2:14pm
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Post# 15913917
RE: up 25%, why? lvl 2
RE: up 25%, why? lvl 2
I imagine this is the markets response to our last news announcement of lowering the price for the proposed PP. LOL
Maybe we might even be lucky enough to see high enough prices to induce an exercise of warrants thereby topping up the treasury higher than what is presently planned without the same dilution.
It is rather unfortunate that present management doesn`t seem to concur with this rationale.
Phone the office and tell Sinclaire that you will take down the total PP @ $.11; one cent above his proposal and report back his response. LOL
I can safely bet that there are existing shareholders out there who would participate in a PP at higher prices if it were not for these clowns running the show.