TSXV:FCO.H - Post by User
Comment by
Biggaineron Jan 18, 2021 11:08am
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Post# 32319672
RE:RE:Shares ;
RE:RE:Shares ;I agree with you on the theory that some have sold for a double or more, but to exercise their warrants at this stage to sell for 2 penny gain, I must disagree.
Just gonna wait for the drilling results before i add to my position.
88guy88 wrote: its likely a few investors that got in early and have taken their double from 5 cents to 10 cents and now the price is over 10 cents they exercised their warrants at 10 cents and selling at 12 cents which is a 20% gain on their warrants plus they have the double on their origianl IPO price
some investor that were early were just in for a quick profit and do not think longer term with the company.....but you think they would at least have the patience to wait til May of this year when all the drilling will be completed and share price will be mega UP
different strokes different folks
good luck......news release soon this week some time and then likely back with Jack to discuss!!