OTCPK:DRLDF - Post by User
Comment by
TheLandedEagleson Jun 16, 2017 5:12pm
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Post# 26372610
RE:warrants
RE:warrantsLooks like investors are concluding that the company has something going...and that some sort of news is coming very soon. Trading warrants DNA.WT.A is also jumping, has I had projected once stock hit the strike price of $1.50. Now warrants are in the money and trading at .23 cents and will most likely be exercised before expiry, raising $10's of million and if you also include the options...will raise over $50 million. This alone, and with the current cash position will provide close to 50% of initial capital required to build this mine and project de-risking continues and price continues its upward trend. Take-over looks more and more probable and most likely and investors continue to pile in. If a take-over is to occur, now is the time for this company with price will be as many has been forecasting at around $2.50. If that happens ...warrants will be worth $1.00. Warrants do have more upside than the stock, if you truly believe that a take over is close in the very near future. Be careful, it is risky, if things don't go this way and if stock retreats to lower levels..then warrants will drop very quickly. Warrants are big big risk..., but very very high rewards. Do research on the warrants before you invest.