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Primera Energy Resources Ltd V.PTT



TSXV:PTT - Post by User

Comment by hipfneron Apr 10, 2011 4:01pm
318 Views
Post# 18411067

RE: PTT Warrants & Options exercised !

RE: PTT Warrants & Options exercised !I calculate that all the outstanding options to .33 (and some higher), plus nearly all the .20 warrants were exercised.

I would not be so quick to predict a profit. A quick read of the Q3 statements had them reporting a $1/4 million loss.

The stock price is certainly diving on heavy trading volunes. But I also don't see any huge insider dumping reported either. Reserves report looks fine too.

Disclosure, I'm a dissatisfied shareholder. I'll wait for Q4 report.
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