I'm wondering if managment is trying to see if it can get a few big participants of the PP's to excercise their warrants on their own. That way Reeder doesn't have to force ALL the warrants, thereby avoiding further selling pressure.
We need the money to get the drills turning. It's going to come the easy way or the hard way. Like Mr. Crippler suggests, there could very well be more opportunities to buy up shares in the 10 to 11 cent range depending on how this plays out. In the long run however, we're all gonna be happy I think. These latest drill results are very encouraging (lots of Cu with good grades).
Cheers