Post by
Redrum180 on Aug 07, 2020 11:55am
AWX on sale
You can go to almost any bullboard and see shareholders making the same complaints about these PPs. All I can say is thanks for the cheap shares.
Just my opinion.
Comment by
stockzorg on Aug 08, 2020 8:45pm
Good point my friend. But they still deserve a beating for taking my 3 bagger down to a 2 bagger. They could have gotten a better price. Lousy effort. And if they destroy market cap once, they can do it any number of times in the future. So for now, they're just not understanding the environment they're in.
Comment by
Bottomfisher on Aug 11, 2020 1:08pm
Reddrum - how will there be 45 million new shares? I cannot follow your math...18.25 mil shares plus 9.12 mil warrants, (1/2 warrant per share ) if exercised , will result in 27.4 mil new shares... a far cry from your 45mil?
Comment by
BuyingTIme on Aug 11, 2020 1:14pm
The first pp 32 million shares warrants at 15 cent plus the new 18 million plus 9 million warrants. App 125 million shares if warrants are taken. Giving the managements a bonus wage increase which we will read on sedar.
Comment by
Redrum180 on Aug 11, 2020 1:30pm
It must have been the beer. I don't know how I came up with that figure either! It's still a 30% dilution even at 27,000,000 shares; they have 63,000,000 shares already. I don't see the value to doing that unless Eric Sprott is taking a big chunk.
Comment by
Bottomfisher on Aug 11, 2020 2:10pm
always questionable, if the warrants get excersized, next time do your math before the beer and post facts, not fiction . Cheers...I have added some today at 12.5...just a trading position.
Comment by
stockzorg on Aug 11, 2020 9:09pm
Usually I thank the short sellers and weak holders for the low stock price, not the management team. But either way, in another few days I may need to actually buy more. The finance side may be a mess but I think the geology side is strong.
Comment by
studhoarse on Aug 12, 2020 9:21pm
Just so everyone knows, Bt, you are absolutely correct! I am one of those clowns sitting on warrants at .15, now , these guys and gals are very talented, and I respect how much they stretched their budget so far! Give them that at least! Best, ( I was expecting a pp months ago) , dam good job, let's see , SH