warrants

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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From_Sudbury

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warrants

in response to

Re: Why, why, and why? - pw

Old Joe

posted on Mar 08, 2008 03:01AM

I just watched the video presentations...nothing new for anyone familiar with the story...it's more about reading between the lines...one thing that stuck me is the mention of their cash position and the warrants

The warrants were mentioned twice...almost like it was certain....but is it?

The story over the next two trading days will be the warrants. We now have 8 trading days where the stock has closed at or above $6....I'm guessing those holding the warrants do not want to be forced to excersize these as there is a holding period to June 7.
Also, those holding the warrants have $$....lots of it. I expect them to do their best to get the price to close under $6.00 on either of the next two days. As we approach they are being successful in inching down the price close to that mark in order to make a major offensive.