GREY:ETPHF - Post by User
Comment by
AdamJTon Mar 15, 2011 3:31pm
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Post# 18289210
RE: RE: RE: RE: RE: RE: RE: Land position
RE: RE: RE: RE: RE: RE: RE: Land positionThanks for your explanation. I don't think it will go to .50 or below it but, in the .50's is possible. If you bought in on the offering and wanted to preserve cash than you might sell your shares only at a slight premium seeing how you have a nice hedge with the warrants. Essentially you recoup your initial investment plus 10% to 20% for only a month or two of holding. That's a pretty good return plus you've got a foot in the door at a favourable discount once the numbers start flowing.