RE:RE:RE:RE:RE:GENeral question Sulliden Mining Capital and Black Iron
Both are FM controlled.
Both are in financial distress.
Both have FM board members sitting on mulitiple company boards,
Both heavily dumped ESM shares on the open market to say affloat (check seddar)
Both have outstanding warrants in ESM
So I belive those are the warrants the were extended and repriced. If we see another day of anon accounting for +75% of share sales you can pretty much guarantee that next week they will announce the following.
1. A further extension on th warrrants.
2. A further reduction on the warrant price ie to arround .35 cents