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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Message: Re: CLF PP with FWR
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Icon president CLF PP with FWR
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FANTOMAS
Nov 25, 2009 06:05PM
Re: CLF PP with FWR
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Forestmusic1
Nov 25, 2009 06:06PM

"Why would they do this instead of just excercising their warrants at .45, or does somebody know if they already have?"

Whether they already have excercised the warrants or not does not matter this early, but they must have felt that they were a bit short in the amount of shares they controlled.

This not only finances FWR but increases the share pool and the controlled portion of it.

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Re: CLF PP with FWR
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Garzooka
Nov 25, 2009 08:19PM
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