TIOMIN brightens your teeth as it whitens your paint Message Board

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Gold/Mining/Energy : TIOMIN brightens your teeth as it whitens your paint

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To: Mark Duess who wrote (35)	9/24/1997 2:29:00 PM
From: Blue	of 62

Mark, the warrants won't expire worthless because the "final" expiry date is March 23 1998. But sure, the company loses cash if no warrants are exercised, and this would put this whole megaproject in the dumper. Is this going to happen? I DON'T THINK SO!!!! Anyone who holds a lot of warrants (big banks & mutual funds?) will want a runup in stock price. I wouldn't put it past them to just start buying the hell out of the stock starting in November. You could probably pump this stock up to $12 on not a lot of volume. If you held a whole boatload of warrants and you were an institution with money already invested in the common stock as well, wouldn't YOU attempt to cash in on your warrants by say tripling your holdings of the common stock, thus running up the stock before warrant expiry? Good for the company, too, because the warrants are all exercised and they get to live another day on the cash raised. When the feasibility study is complete I would expect a lot of promotion of this company. PS I wonder where all those Canadian brokers who put a 1 yr target on TIO of $7 are now? I wonder what the status is on the titanium projects? What is hurting the stock is probably the price of copper. That and we are in the most BEARISH possible time for resource stocks. It used to be that many different mining plays were of interest to people and publications like The Northern Miner were "exciting" to people. Now it's like a ghost town. This too shall pass. But I would definitely rather be a long-term investor in the common stock than a holder of the warrants (which I am) because the clock IS ticking.

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