RE: warrantsI wonder if the warrants will get excercised Aug. 29
I'd say there is no hope those warrants will get exercised and that's a good thing because it keeps the share count down. The 2010 warrants will probably expire worthless, too. Again, I won't miss the dilution. However, the 2011 and 2013 warrants could very well get exercised. That is the timeframe most of the hardcore Gold fiends like Sinclair are calling for Gold to be priced at $1650 plus.
SAM is holding their own, they're making money, and only need extra cash to speed up a drilling program. I would like to see them continue as they are until the Gold market improves then maybe do a small financing to ramp up exploration. If Gold moves up a bit they may not need to do a financing and that would be best........