Post by
blackgold14 on Jul 29, 2021 2:07pm
Early Warrant Exercise Very Bullish Sign
The warrants attached to the February 2021 financing had an exercise price of 5 cents and a term of 5 years. Normally, an investor holder such warrants waits a little longer than just 6 months into a 5 year term to exercise their warrants if they are in the money. Why would anyone put more money at risk if the company is not doing well ? No this early in the term. Most investors would wait, use the money to make alternative investments and then in the fourth year return and exercise the warrants. It's opportunity cost. A very bullish sign that things are probably going much better than anticipated. With gold hitting a $1,830 this morning after the FED admitted that inflation may still be with us for a little more time (notice how the FED keeps moving the goalposts - they originally said inflation will just be temporary/transitory knowing full well that they were lying), the restart of the mine could coincide with a major upswing in the price of gold. The results of the Maricopa County, Arizona forensic audit of the November 2020 US Election will be coming in August. It will show massive fraud and will trigger forensic audits in all of the swing states. Riots will start happening in major cities across the US as Democrat party operatives try to sow chaos. All of this will bode well for the price of gold and OTSO shares.
Comment by
calvin98 on Jul 30, 2021 3:11pm
thanks for the explanation, dummies like me like any good news.