Hedging my bet

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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Francis Dube

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Hedging my bet

posted on Apr 11, 2008 05:15AM

I believe the warrants were or will be executed. You can see my previous post to see my 5 reasons. However, speaking as an investor who has done a PP before, warrants are seen as candies. They usually can be flipped in the same day for a sure profit. This is not the case this time. So if this does not happen, I would be thinking about this. The other point to make is that the ARU warrant where not exerciced and they still did great. So wether this happens or not is not the end all and be all.