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Juggernaut Exploration Ltd V.JUGR

Alternate Symbol(s):  JUGRF

Juggernaut Exploration Ltd. is a Canada-based company that is in the business of acquiring, exploring and evaluating mineral resource properties. The Company’s operating properties include Midas and Empire Properties, Gold Standard Property, Gold Star Property and Bingo Property. It entered into two separate letter agreements with J2 Syndicate Holdings Ltd. (the J2 Syndicate) and its members (the Optionors) providing the Company with the right to acquire a 100% interest in the Midas property situated in the Skeena Mining Division of British Columbia and the Empire property situated in the Omineca Mining Division of BC. The Gold Standard Property contains over 3,961 hectares located in West Central British Columbia (BC). The Gold Star Property contains over 238 hectares located in West Central BC in close proximity to the Gold Standard Property. It also has 100% interest in and to certain mineral claims situated in the Skeena Mining District in British Columbia, the Bingo Property.


TSXV:JUGR - Post by User

Bullboard Posts
Comment by ThinkPleaseon Aug 17, 2018 1:38pm
90 Views
Post# 28478931

RE:Regarding Warrants.... From ceo.ca

RE:Regarding Warrants.... From ceo.caToo bad he doesn't have a clue what he's talking about. The first warrants to expire don't come up until July 17, 2019. You can exercise a warrant on the day you receive it, if you wish, but if you exercise within the four month hold period, the new share certificate will have the hold legend added on it, too. You can't short against a warrant, but you can certainly short to exercise one. And you can obviously cover the short with the new share certificate. But none of this has sweet f all to do with the short term trading we've seen. Warrant time is any time, up to their expiry date.

That said, the July 2019 warrants have an acceleration clause that would give them a 20 day expiry period following 10 consecutive closes above 0.50. That could lead to some negative pressure on the SP until that overhang gets cleared.
Bullboard Posts