TSXV:RRM.H - Post by User
Comment by
BFREE2on May 08, 2010 10:47am
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Post# 17077187
RE: RE: 5 Cent PP
RE: RE: 5 Cent PPYou're probably right, kikbut. I don't imagine it'll take too much effort to chew through those shares when the time comes. Especially at a time when the SP appears to be 'correct'.
I was indeed just offering a heads up.
"Overhang" is often an important variable to consider when you're assessing a junior. We all know that PP participants don't get into these plays for the good of their health. Like all of us, they want a return on their investment and they're often more 'creative' than the average investor when it comes to getting that return. Doing
more than just waiting, I mean. We're only a few weeks away from the release of those shares and I'm guessing those folks may already have a plan drawn out.
Good luck.