Let Me Clear the Air
I shall weigh in on the discussions re Endless stock at 17 cents...(a) This stock is rigged and as Trump would say "It is beautiful and is really, really good"...(b) We don't know but presumably most or all of the 10 million warrants have been exercised (Q1 2018 financials should tell the tale). John Kaiser has recently said he sold Coro stock at a small loss but was holding on to the warrants still...(c) There is no friggin' way anybody can dump 10 million warrants for a 2-cent profit and trading records would show otherwise ...(d) Coro does not need to again go to the Greenstone's money well for PP. Why? The Co. says the project could be financeable based on the upcoming feasibility study, or for those who know the parlance, a bankable study for a production loan based on assets...(e) The Co. raised $10 million in May 2016 and the funds have been capitalized in the Q3 f/s under " E & E transfer" in the amt. of $6.2 million (excl. $250,000 down payment paid)...(f) I don't expect more incentive options to be awarded anytime soon as there are 38.8 million options outstanding which give rise to a rich takeover reward for management who holds 7% of the float...(f) Full copper production will not commence until Q4 of 2018 (For instance, Lundin Mining bought the small Michigan mine in late 2013 and is now commencing production of copper...and finally, (g) the level 2 offers are pittance in terms of value as Coro is just a penny stock. Some of us have more stock than on the ask.