Re: Major Movers still holding 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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

res-investor

Rank: President [?]

Points: 16089 [?]

Votes: 226 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Major Movers still holding warrants

in response to

Major Movers still holding warrants

rodg45

posted on Jan 03, 2008 10:25AM

Those holding warrants can safely sell into every run....... they have time on their side and if the stock comes off their sell price they simply cover from the market...... if NOT were to continue to rise they could exercise those warrants.

Untill the stock makes a sustained move up I expect this to continue..... The short position is some evdence of this happening.

Advantage is that the wts are at .75..... so covering out of the market bears much less capital gain... allows swing trading for .40 to .50 / share.