? I think that is wrong. There is no guarantee to buy at $50, especially from a big investor.
Pinetree often gets to buy shares at discount plus warrants but Pinetree is down big too. Pinetree was near $1.00 recently.
There has been an overall drying up of investment in Cdn explorer stocks.
Also please note the major gold stock indexes have been in a jagged downtrend for quite awhile vs gold in jagged uptrend.