RE:RE:RE:RE:1jknf113GarryJan1 wrote:
Lots of selling could still happen as people sell there shares to exercise there warrants. We could drift down a tad over the next few weeks while drilling.
Still over 4 million warrants outstanding at 8.5 cents and 3.7 million at 10 cents as of June (see below from Sedar) We will also need a cash injection so a PP could be happening as we speak. I am not in a hurry so its all good.
ASSETS
June 30,
2018 Cash
$
266,726
As at June 30, 2018, the Company had share purchase warrants outstanding entitling the holders to purchase common shares of the Company as follows:
Number
Exercise Price
Expiry Date
3,886,666
$ 0.250
November 10, 2019
3,996,640
$ 0.085
June 22, 2020
3,746,693
$ 0.100
June 22, 2020
90,900
$ 0.085
July 12, 2020
240,000
$ 0.100
July 12, 2020
14,400
$ 0.085
July 14, 2020
Total outstanding 11,975,299
yes but warrant holders wont be selling 8.5s until SP is at least 10 and the 10s won't sell until about 12. That being said I'm not surprised if drifts between 6.5-8.5 for a few sessions before spiking to a dime or better.