Re: Forced to Exercise?????

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

Dayreaper

Rank: Vice President [?]

Points: 928 [?]

Votes: 87 Score: 3.7 [?]

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: Forced to Exercise?????

posted on Mar 11, 2008 11:30AM

subject to accelerated expiry, being 30 days after the common shares of Noront have closed at or above a price of $6.00 for ten consecutive trading days.

Yes they aren't forced to exercise, but if you had a piece of paper that was worth $6.40 (current SP) and it only cost $5.00, would you not trade it?

They are forced to exercise, or they lose the option to excercise within 30 Days.

8 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply