GREY:WFEMF - Post by User
Comment by
kilgoron Apr 04, 2014 5:21pm
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Post# 22414191
RE:WOF Tungsten Assets worth more then all Canadian Pot Stocks?
RE:WOF Tungsten Assets worth more then all Canadian Pot Stocks?
"Acquisition carried out privately".... I interpreted it as Dundee aquired the Warrants but did not exercise them. I had to dig for its real meaning which is the following.....
"An exercise of warrants requires two transactions, both using code 54, to record the disposition of the warrants and the acquisition of the underlying security itself (i.e. common shares, trust units, etc.). If the underlying security was subsequently sold, then a third transaction would be required (code 10 if in the market or code 11 if carried out privately)."
So it appears as SEP may be correct that we have all the finacing, but I still don't see a code 54 i.e. exercise of warrants. Nor do I see the debenture offered by Dundee..... So why isn't there a NR stating all finance is complete? And why is Dundee selling small quantities of shares at low share prices?
Anyhow....... SEP I appreciate you bringing this to the board's attention and especially to me. If you would stick to the facts such as these and not regurgitate old news or spew conjecture, your comments would be more respected and have a greater impact. I hope you ruminate and take heed of my comments!