RE:RE:RE:RE:RE:RE:RE:I'm pleased to announce that after the news release.L&L, first, most of the warrants from years past never did trigger, It seems that most warrants triggered in the past yeat, didn't add significantly to the O/S share totals. I may be wrong, and please corresct if so, but I believe there was approx. 10M of warrants exercised. PP buyers can't buy these shares into their TFSA, so the PP's are bought into non-registered accounts. As a PP holder, I can't transfer the shares into a TFSA, if I want to rebalance my share position and have more shares in my TFSA.. I must sell the shares so the beneficial ownership changes and rebuy shares in the market into my TFSA. Some of what has happened in the last month has been that very action. I've also added a couple hundre thousand more shares to my position.
I believe your premise that very many PP holders would be dumping shares for a 2 cent gain would be incorrect. You've heard from BB and Lanny that they haven't sold any. I have reduced my PP position, (non-registered), but in fact had increased my total holdings. I'd love to hear from other PP share hlders as to whether they've sold their position. .
I think BB did a great job of explaining the next likely steps on this journey, you may agree or disagree with him or me, that's your prerogative.
If you meet the accredited investor guidelines, it would seem unlikely that you's need to sell your bone shares. I believe most accredited investors understand the market and investments well enough to hold a diversified investment portfolio.
GL to all the longs!