OTCPK:CNZCF - Post by User
Comment by
Slyincalgaryon Jul 28, 2017 11:29pm
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Post# 26524515
RE:RE:RE:RE:Crazy MarketCap
RE:RE:RE:RE:Crazy MarketCapThe price of the warrants of the second PP should tell people that CNG has something up it's sleeve. I am pretty sure that would be what the uptick on the price is. Have you ever seen a company set a warrant price where there is no chance of receiving the money? Not only that the PP's are done as pooling agreements where money is tied up much longer than a normal PP, the first one is 25% released every 4 months. I am not in the second PP but I heard it was 50% every 4 months. $1.00 warrants on the second PP is a sign to me.....
Also remember the SP may be virtually the same, but the market cap certainly isn't.
That being said I am in agreement that CNZ is the better overall play, although I think both will do very well in 2017. Only time will tell.
Glta, have a great weekend!