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Bullboard - Stock Discussion Forum SOUTHERN LITHIUM CORP V.SNL

"Southern Lithium Corp is a resource exploration company. The Company is engaged in acquiring and exploring mineral properties."

TSXV:SNL - Post Discussion

SOUTHERN LITHIUM CORP > Warrants sept 23rd
View:
Post by ItsLevels2This on Sep 16, 2017 11:20am

Warrants sept 23rd

So via the PP in May. We have 4.1 million warrants coming unlocked Sept 23rd at .25 a piece.  Will the SP be brought up to 25 this week?  Me thinks they should! 

--LEVELS--
Comment by Just2017 on Sep 16, 2017 11:36am
Only possible if they come up with highly exceptional drilling results. Seems unrealistic at this point. I would love to be wrong. 
Comment by GoldCoastCR on Sep 16, 2017 12:39pm
OF Course   4M warrants is huge at a 25c or higher..... before results I bet!   GOTIME for sure I forgot about those warrants,  Gracias!   GC
Comment by MaxTMaxT on Sep 16, 2017 4:55pm
which means they have the $$$$$$$ to gain 80%
Comment by MaxTMaxT on Sep 16, 2017 4:58pm
....80% interest in the property..... Cheers
Comment by DrWealth on Sep 16, 2017 6:50pm
Won't that further dilute the shares and drive so down.. warrants create new shares..
Comment by GoldCoastCR on Sep 16, 2017 7:00pm
Ahhh yes a whole 4m shares on a tiny float Doc!    Well they wont excercise them at 12 c no will they........  watch the show next week!   TEXTBOOK spec play here.  SHORTED to the bone then options for the same group of early players and a 40c share price thats what I see with good drill results,. A great set up from this SP! GL
Comment by DrWealth on Sep 16, 2017 7:09pm
That's what I was thinking as well... i would 2nd be surprised to see share price between 40 and 60 cents if results are better than expected
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