GREY:LRESF - Post by User
Post by
Stoogeon Feb 25, 2015 12:06pm
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Post# 23463440
LK Extends Warrants by A Year
LK Extends Warrants by A Year
Lakeland Resources, 9,415,295 warrants at .30 extended to March 20 2016 ... which is in line with the previous message here to give up on hoping for any short term activity.
This means that if there is no promo this summer, 675,000 options at .10 will expire Aug 19. (I don't know who has these options but if it is not management they will want them gone.)
That still leaves in place 1.72 million options exercisable at .10. That is still a barrier to getting the price much over ten cents and a long way from 30 cents which is where these extended warrants would be in the money.