Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.

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Metanor Resources > Warrants.

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Comment by mstettleron Jan 02, 2017 3:31pm

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Post# 25659547

RE:RE:Warrants.

ilovetojumpem1 wrote:

mstettler wrote: Jumpem, you have brought up warrants numerous times. Recently something about people shorting the stock to be able to gain access to the warrant.

Warrants that are issued as part of a financing can sometimes be free trading (on an exchange) and sometimes not - there are numerous warrants that trade on the TSX. In this particular case the warrants are not free trading.

In either case the holder of a warrant wants a higher share price so that they can exercise that warrant - especially if they have paid a premium for a free trading warrant similar to puchasing a call option.

Do you understand how warrants work? I was wondering if you could explain it in plain Engish for everyone. Make it really simple so even I can understand.

" Definitely not. " HA !