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Bullboard - Stock Discussion Forum North American Gem Inc V.NAG

TSXV:NAG - Post Discussion

North American Gem Inc > What was the price of those warrants
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Post by shipwrecks on Apr 22, 2010 12:01pm

What was the price of those warrants

Yesterdays news release did not specify how much those warrants went for, and how many of them were purchased.  If they purchased them for .08 cents well it would only seem for .16 that those people doubled their inventment purchase....who would have been on that warrant list...sould be interesting to learn if they were insiders...don't like this part.
Comment by actionplanner on Apr 22, 2010 4:07pm
shipwrecks, I can see your concern with the warrant price, although in the long run if they were issued @.08 and cash up at .16 you have indeed doubled your money, I can do that with the sp as it sits right now. However I think this will go much higher this year if Charles and the gang do the" right stuff" and step up the actual minning from now till Dec. After all with these types of ...more