RE: RE: RE: RE: RE: RE: 3 monthsTumbleweed67,
From my understanding of Canadian tax law, I believe that when you exercise a warrant the price difference between the exercise price and the market price on the date of exercise is treated more like income (taxable benefit or some other designation) which is taxed at a higher rate than capital gains.
So Wadsworth exercising his warrants and not selling is actually a big vote of confidence on his part as he has to pay the taxman and hasn't actually received any funds from the exercise. He is voting with his pocketbook that he expects the share price to go higher.
Looks pretty positive to me.
Dsel