Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (25889)	11/20/2006 10:25:58 PM
From: loantech	of 78416

The warrants expire on Dec. 22. IMO the stock has held up very well considering: <Warrant reminder: A reminder to all our shareholders that the three sets of warrants currently over-hanging the market will expire on December 22, 2006. They are: 6,316,339 warrants exercisable at US$0.90/share for total proceeds of US$5.7 million, 5,956,000 warrants exercisable at C$1.15/share for total proceeds of C$6.8 million, and 542,250 warrants exercisable at C$0.85/share for total proceeds of C$0.5 million These warrants are currently well 'in the money' and it is reasonable to anticipate their exercise. Proceeds of US$12.2 million from the exercise of these 12.8 million warrants will be used to finance the 2007 budget for exploration and development (US$7.0 million) and maintain a cash reserve during the construction and start-up period of the mine. >>>>> 12,814, 589 to be exact. Any way to figure how many have been exercised?

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