WarrantsThere's warrants out there for
.125 and (i believe) that if the SP holds a certain % above that amount for more then 5 trading days then they become forced warrants where you buy them or you lose them..You MIGHT see this play get pushed down to under that level if the investors don't want to buy them yet...doubt it though but i'll be waiting if they do
Here's what a well known poster (and one that I trust) on the other board wrote...The PP that came free trading on January 2nd was at a nickel. So thesepeople really have some big profits already. There is also somewarrants that have triggers for being forced early. Some of these areat 12.5, 18.75, 25 and 50 cents. Now, those warrant holders do not wantto be forced to buy their warrants at this time and may try to push usdown. The 12.5 cents warrants I think are out of luck. The 18.75 willbe interesting as that is where we are trading right now. With ourcurrent share float, our MC is around 7M so as people come in to analysethis company, I think you will see the price getting over 20 centssolidly.
Do your own DD and be careful on this or any jr gold..fyi..you'll see charts showing this as a buy up till
.98..I've been doing this for a little bit and can say that most TAs for this exchange don't mean much cause the vulture exchange is WICKED unpredictable and full people crooks...welcome to the TSX-V