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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: Johnny-boy who wrote (6669)3/7/2000 5:31:00 PM
From: Sid Turtlman  Read Replies (1) of 6735
 
Very often warrants get their time extended and the strike price cut. It doesn't do a company any good to see them expire, unless it already has plenty of capital, which isn't the case here. Or they could do a deal to encourage exercise, like cut the strike price to something below where the stock is selling, good for a limited time only.
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