BuyersThanks for the posts Kimba. I believe (and common sense tells me) that most of that financing 2 years ago was taken down by people who are very close, and have good knowledge, of the company and its assets. My sources indicate that a large portion of the warrants have already been exercised and a good portion remaining are expected to be straight up paid for as opposed to a portion being sold to pay for the balance. If this is the case, the price appreciation that you speak of, and I expect, should occur rather rapidly if some of the size buyers that we saw in the market prior to the holidays show up in Bell's market again. There seem to be a fairly steady group of buyers that like to patiently add to their positions....however, if there is a new buying group emerging and the supply of stock for sale from the warrants of this previous financing ends (which it will) buying patiently on the bid will hopefully be a thing of the past. That, coupled with the expected news flow from Bell's various properties and the solid state of copper prices, should start Bell on an aggressive upward trend!
Gryphon