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Canamex Gold Corp C.CSQ

Alternate Symbol(s):  CNMXF

Canamex Gold Corp. is a Canada-based mineral exploration company. The Company is focused on acquiring other mineral properties/assets.


CSE:CSQ - Post by User

Bullboard Posts
Comment by labumbaon Nov 30, 2012 6:34am
184 Views
Post# 20664624

RE: Hecla

RE: Hecla

" A further 23,260,000 warrants entitling the holder to acquire one common share until December 14, 2012 at a price of $0.15 per share, then $0.20 per share until December 14, 2013 were issued on December 15, 2011 as part of the private placement which raised a total of $2,270,000. "

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If they release some " better than average " assay results tomorrow, any warrant holders would sell their new converted shares at no time for a good profit, even after Dec 14 by paying 5 cents more for exercising their warrants for same reason...the whole scenario will turn out to be a " profit-taking saga " for a period of time until all 23,260,000 warrants exercised....man, how long would it take to dump that 23,260,000 shares within one year ? unless we have an excellent assays, so the 23 million new shares would be absorbed into market quickly, imo


Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31842789&l=0&r=0&s=CSQ&t=LIST#3O4YkhjxO554jhEi.99

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