Rye Patch Gold RPMGD

RE: RE: RE: RE: Warrants

[pipefit2]

Van--You might be right.  For anyone that doesn't understand the basics of warrants, they are granted, usually as part of a private placement(pp), to sweeten the deal for pp participants.  Basically, warrants give the holder the right to buy shares at a set price (usually slightly above the pp price) for a set period of time, usually a year or two.

So as TN pointed out, there are a lot of warants out there that entitle the holder(s) to buy shares for 20 cents.  And as Van suggests, they might be taking some of those shares that they just got for  .20 and selling them for .33.  Nice gain!!.

But here's the important thing.  Those share are already part of the fully diluted share structure.  So as the warrants are exercised, money flows into the checking account, but the [fully diluted] share structure doesn't get any more bloated. And right now, the only thing that could derail rpm.v stock is another pp.  So the longer we defer that, with warrant exercise money, the better.

Some of the shares will be sold for a quick profit. but the vast majority are in strong hands and aren't going anywhere, imho. pipe