GREY:ADEXF - Post by User
Post by
sparky61on Oct 28, 2010 8:24am
640 Views
Post# 17622817
Regarding the warrants
Regarding the warrants Good morning guys/gals. About 9 million warrants could be exercised over the next month or so, as per the acceleration clause in their pp from April. I quote;
The Subscriber shall have until 4:00 pm (Toronto, Ontario Time) of
the 30th calendar day after the date of dissemination of the press release to exercise the
share purchase warrants (the "Accelerated Expiry Date").
These could be eaten up with possitive news in 9 or 10 trading days the way were going, or less. That would also be around the time John suggested in a recent press release, he would make a decission on the precious metal assets. Don't create a sell-off by thinking there will be one.
Have a great day, Sparky.