Well Healed Warrant Holders Holders are not nickel and Dime players...if they can not see good value most will not exercise.
Share price hit 84 in July 2011 and most sat on their hands.
I would think that most are waiting on news from Mitchell Ranch before they send their Cheque in.
Judging by the recent share price move that news may be good.
All we need now is the buyer from National Bank to come back in and move it to 65!
JMHO