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Bullboard - Stock Discussion Forum Cipher Resources Inc DREXF

"Dorex Minerals Inc is engaged in the acquisition, exploration and development of mineral property assets located in British Columbia."

GREY:DREXF - Post Discussion

Cipher Resources Inc > List of all private placements for dox
View:
Post by GDAWG77 on Jun 12, 2008 7:13pm

List of all private placements for dox

Well everyone, despite our strong efforts into taking out the warrant and shareholders, it tooks as if there is still quite a bit to go through with the previous news releases below. Now this doesnt mean that all those PP holders are selling, and some warrants probably expirred by now, but since the news of drilling in April, there has been roughly 5 million shares traded. So we still have a bit to go through since their were 5.83 million shares issued in total for those PP's, not including the 800,000 optional for directors, but that can be seen at www.canadianinsider.com. I think with the news, as long as its good, the remainder will get eaten up no problem, so we could definetly look forward to some great gains shortly here. Their could also be some long term PP holders from way way back, but I doubt it since DOX was traded at around 90 cents at the time. So lets keep hitting the 20 cent wall with buy orders, try and squeeze some cash out if possible to take em down because the less shares the PP holders have, the higher this play will go. Best of luck to everyone and lets hope news comes out soon!


2007-08-01

Number of shares: 1.19 million shares

Purchase price: 25 cents per share

Warrants: 595,000 share purchase warrants to purchase 595,000 shares

Warrant exercise price: 30 cents per share in the first year and 32 cents per share in the second year

Number of hidden placees: 22 placees

2007-09-13

Number of shares: 140,000 shares

Purchase price: 25 cents per share

Warrants: 70,000 share purchase warrants to purchase 70,000 shares

Warrant exercise price: 30 cents per share in the first year and 32 cents per share in the second year

2007-12-17

Number of shares: 4.5 million

Purchase price: 15 cents per share

Warrants: 4.5 million share purchase warrants to purchase 4.5 million shares
Warrant exercise prices: 17 cents in the first year and 19 cents in the second year

Hidden placees: 64 hidden placees participated

Insider: Duster Capital Corp. (Dusan Berka and Teresa Berka), 50,000

Pro groups: Shawn Chin, 25,000; Azim Dhalla, 25,000; Sing Quan, 25,000; Bryan Tretiak, 200,000

2008-02-29
Dorex Minerals Inc. has granted stock option agreements to its directors and officers to purchase up to 800,000 common shares of the company, exercisable at the price of 15 cents per share for five years. The stock options are granted in accordance with the company's stock option plan dated May 1, 2005

Comment by GDAWG77 on Jun 12, 2008 7:16pm
sorry for all the typos, this laptop im on is not very good. Also wanted to say that If you read the results from the airborne survey to find the anomilies on the Carmelita property, it sounds as if there is quite a great deal of potential. Even samples from 10 meteres down in open pit mines had high grade copper, from .5-4%. 50 meteres of anything from .5-4% copper and then add the little gold ...more  
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