Re: What will a warrant holder do?

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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rapidrob

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Re: What will a warrant holder do?

in response to

What will a warrant holder do?

Babaoriley

posted on Mar 11, 2008 08:59PM

These folks are all long holders, not in it for $10 bucks. To make $1, they have a lot of customers to choose from. So, they are not sellers at $6. Nor will they be at $7 or $8. They have positions that are are key to a strategic buyer (mega-miner). So, they will exercise and pay in at the contractually specified time, then sit back and enjoy the ride like the rest of us. They have been paid up front for their risk taking.Let it play out, it will have a happy ending.!! Good luck !

PS. If that asteroid hits us, yes we are in trouble, and warrants are the least of our problem.

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