correct me if Im wrong!I have a hard time believing that anyone bought 5000 or even 10 thousand shares of a pp. Im not saying you didnt by 5000 or 10,000 shares but there is generally a minimum dollar value and the PP is bought from the company (read Pubco). PP's come with a warrant and that is likey why the lundins would be prepared to "Gypsy swap". Also I have seen it happen quite often that the purchaser of the PP will go short against the PP/long position so as to hedge against any risk.
By the way..... "SS".....its a 4 month hold.