Rock Resources Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Rock Resources

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bid daddy who wrote (1850)	4/28/2000 8:53:00 AM
From: the Chief	Read Replies (3) of 1996

The float is the number of shares that are out in the market. 48mm is the "FD" or full dillution. The full dillution is the make up of, warrants, options, and "Outstanding shares". Outstanding or OS can also be used as "a float". So you ask a valid question, but the answer is not easy. How many options have not been exercised? How many warrants have not been exercised? Subtract those, then subtract the millions of shares held by insiders and friendlies and that reflects "a more probable float". Some friendlies are also related to some of the firms that are interested in forming a JV, so you can assume that even if they are not selected as the JV of choice, if the propertty is as valuable as we all think, they won't be selling. the Chief

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next