EQX Warrants are now in the Black!Back in February of 2017 we got involved with the JDL Gold private placement.
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7,500 shares of JDL @ the C$2 purchase price became 1500 shares of EQX after the five for one reverse split.
This would adjust our purchase price to C$10/share.
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So if we exercise our Warrants, we should have twice as many shares.
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I see that EQX is now @ C$15.55.
Our warrants came into the Black @ C$15.00
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I think that it would be fun to add 1500 shares to our Stockhous portfolio listing.
I will put the purchase price down as C$15.00, payable October 6, 2021.
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By the way, I just exercised the warrants, I likewise received, in the Northern Dynasty [T.NDM, NAK] private placement.
It was the first time I had warrants in the black.
All our previous private placement warrants expired worthless.
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Anyway, these NDM warrants expire on July 9, this Thursday.
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It is by the grace of the angels that I accidentally became aware of this,
as they had been put away and ‘forgotten’ for five years.
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We had a couple of weeks to exercise our warrants, and we just got in under the wire.
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The point of all this is that I have some advice for you.
Don’t wait till the last minute, like me, to exercise your warrants.
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Give yourself at least a month, better two months.
There were a lot of forms and overhead.
It is like being the ‘victim’ in a Monty Python’s Flying Circus skit.
Enduring these ‘pressures’ caused me to gain ten pounds.
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RJ