Re: UC Resources Arranges Private Placement
in response to
by
posted on
Sep 23, 2010 07:52PM
....for what it is worth....whoever is buying the PP which is basically one and onehalf warrants at 11 cents...we should be thanking for the cash infusion...especially if the PP has a four month hold period. I don't see it as a huge windfall for these investors the are getting an extra one half warrant...it would appear that they could be picking up a lot of free trading shares at 11 cents...clearly someone has confidence in the future and believes that extra one half warrant will be worth a considerable profit down the road...JMHO.