Two cents worth !Maybe I got the numbers wrong please feel free to correct me if I did.
So if you invested $10,000.00 into the .02 PP in May you could have sold $160,000.00 worth a couple weeks back and still have all your .05 warrants.
Put in $10,000.00 now and you would need $5.00 a share for the same return. For now the big money has already been made. That does not mean the stock cannot get to $5.00 a share but it will take alot to get there.
Would it be to much to say the .02 PP and the.14 PP may be the real reason for the share price?
May 20 2016
American Manganese Inc. intends to complete a non-brokered private placement for gross proceeds of up to $200,000 by way of a unit offering at a price of two cents per unit. Each unit will consist of one common share of AMI and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of five cents per common share for a period of two years from the date of closing of the offering.