Re: PFS Report and other comments ...
in response to
by
posted on
Sep 27, 2008 08:42AM
(Edit this Message from the "Fast Facts" Section)
Your correct traderdad about the 45 days. This statement I made, "recommendations that came with an updated resource estimate that will be included in the reports" (Bbob72) has any effects on this timeline.
It has to be released by that date but could be a factor of why it was not released as it is just not completed yet. This is pure spec here but there are some .90cent warrants to expire shortly and perhaps it could be a factor to not be in a major hurry to release the pre-feas. This is all imho but a company just cannot say we are waiting for the expiration of the warrants as that is withholding material information which is an absolute no'no. I have no idea this is taking place or suggesting I have been told by management that it is. But if you can let warrants expire and do a PP for a higher price it makes perfect sense.
More money for no more dilution. Works for me.
BBob