GREY:WFEMF - Post by User
Post by
juncleson Nov 01, 2011 1:28pm
226 Views
Post# 19198972
Warrants
WarrantsJust to caveat my question: I've been here for a couple years, and long the entire time. Those on the board that have been here a while know I am no basher, and in fact very positive on Woulfe.
My question: With 37 million or so (see MD&A) warrants expiring at
.12 by mid-December, does anyone see this going anywhere higher, good news or not? I know there are some considerable milestones ahead, from both Sandong and Muguk, as well as financing news, but it would only be prudent for the holders of those warrants to exercise them. I would. Wouldn't you? Need cash to pay for their exercise, so sell current holdings in open market to raise funds. Depress stock price until it is no longer profitable to exercise the warrants. Please provide your thoughts if you have any.
Interesting trading today. As whois said, very orderly.
Cheers all, and GL to all the longs.
Holding still.
This is not a buy/sell recommendation. I am not a professional investment advisor. I own shares of Woulfe Mining.