RE: questionOpps, sorry... warrants... you're right Coach.
https://www.cdnx.com/LCDB/Financing.asp?PO_ID=1023020&HC_FLAG1=checked
IMO cheap options (and cheap warrants) are just another way of screwing up shareholders. It's easy money. Officers can vote themselves a nice package (salary & bonuses) and then options as gravy. I work for a private company and shareholders are obviously never systematically diluted by employees. It's much easier to screw retail investors... Try to do that with a DOW company...
As a shareholder, IMO cheap options are a desease that should be cured (mining industry or not), just as creative accounting. Rules should be written so that options should be limited to maybe 5% of total float (and not more than 1% per year) and at least 50% or more above the share price. IMO that would be an incentive to add value to shareholders... BTW, no repricing (not GNG's case)...
As for the warrants, they should be limited to 50% of the PP and again, priced higher as well...
Both hands in the cookie jar...
BTW, I do think that GNG has a fair chance of mining all that silver, but what will the float look like... to me... that not creating shareholder value.
Just my opinion Coach... I respect yours.
All the Best
CQFD