GREY:ALXDF - Post by User
Comment by
goldhunter11on Feb 13, 2018 10:16pm
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Post# 27555074
RE:RE:RE:RE:RE:RE:RE:Breaking: Open Letter to Shareholders of Alexandria Minerals
RE:RE:RE:RE:RE:RE:RE:Breaking: Open Letter to Shareholders of Alexandria MineralsEven if they are not in the money, ES can always exercise them, just to get the shares to gain
control. Besides for a billionaire 33.3M wts @ 0.09 amounts to $3M Cdn (chump change) to get another 6.7% of the company. He could buy the shares in the open market, but such a large order (33M shares) would cause the SP to shoot up. So it would be better to exercise them at a fix price.
If ES made his bet correctly the SP could be a lot more than 0.09.
GH
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goldopportunity wrote: Currower said:
"Sprott's warrants are useless until they are over 9 cents."
Hey currower -- don't forget sprott's cdn .08 warrants (dec/2016) are in the money. Jmvho.
goldopp