GREY:NEVDQ - Post by User
Comment by
Notgnuon Aug 09, 2021 4:41pm
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Post# 33673438
RE:RE:RE:RE:RE:RE:RE:Odds of the warrants being repriced lower >>>
RE:RE:RE:RE:RE:RE:RE:Odds of the warrants being repriced lower >>>If they lower the warrant conversion price it does imply a small amount of dilution but IMO it is better than a financing. The best is of course just using the credit lines until the mine is producing at scale. It will get there plus minus a few weeks. Glad your average is working out for you. I best tell everyone I have lost every penny of mommas money lest i get ALLCAPS spewing all over again...anyway.
As to the price this 16 cents would never be remotely available if it wasn't a crapp fest with the dike but looking long term both warrants and commons are great at current risk reward. Warning: Each to there own in assessing that, lest the dogg get worms and start dragging his butt all over the room again.
Cheers,
N
patchh wrote:
U know more about this than myself !
presently, i don't think they giv much hoot abut restructuring w the TSX..
the other THING is tampering w warrant prices will squash the market to the unwashed; it will appear as a dilution..
i hold a small chunk of the wts.. i also have a small nest of Storks - got a few more eggs the last time the wts went up; i sold !!
i am not goin to get hurt either way.. in a few months the wts will hav played out.. // the valuations will B in the NCI Stok going forward.
the last buy in wts and current prices has me below average.. i would hav to match the initial volumes -2- recapture from a bottom offset $$$
its not worth the capitol in and i do not margin NCI.. got a few bank stoks - some grain and a few zero cupon bond series - gold storks and a small chunk of the local action LAC-LODE-GOLD..
otw - the RED the wts have produced is somewhat apparent..
ahw - if i margin for a divident series; piss off interactive brokers w a head-on round trip/same day.. they will come in over the weekend and trim up the wts to round numbers - resetting margin on the Reg=T...
the wts have zero volume for almost as many days.. just sit tite.. holders are not "mashing the door" - selling...