RE: No hold period on the PP 'Any existing shareholders involved in the PP can simply dump their shares, use the money to buy the PP and pick up the warrants for free.
The question now is WHO is about to become an effective market marker and WHO has the promotional wherewithal (grease) to make this deal go?'
With the PP closing on Monday I think we have been seeing existing shareholders selling to buy the PP and pick up the warrants.
Regarding 'grease' I think PLY is a deal which will live or die on exploration results. It is not a highly promotional Pump and Dump. Not that you can't make good money on Pump and Dumps (BSV.V for example) but that PLY just isn't one of those.
Owl