No such message found

Precious Metal Exploration

Focused on exploration and advancement of mineral projects in Peru

Free
Message: Re: RE: Stock Price

Jan 13, 2010 06:29PM

It was kindly pointed out to me by a poster on another forum that perhaps the sell-off was due to the warrants over-hanging the stock right now. If DRV stays above 15 cents til the end of this week (which it will) then 20 million 10 cent warrants will be forced. Probably a bunch of folks are selling their 5 cent shares to pay for the 10 cent warrants.

Makes sense to me. A couple more good results and less of a warrant overhang will see the SP finally reflect a more realistic value of the company IMHO.

Cheers;

jdc


Jan 14, 2010 05:03PM

Jan 15, 2010 11:59AM

Jan 15, 2010 12:22PM

Jan 15, 2010 01:24PM

Jan 15, 2010 03:47PM

Jan 15, 2010 11:47PM

Jan 16, 2010 06:46AM
Share
New Message
Please login to post a reply