osr.v - longer, wider, nice grades, so loose stock comes out when the bids appear ... may be the case for a while, unless volume gets going, as they have a whack of cheap wts out, exp in the spring ... don't know if this from sedar will paste well -
'Share purchase warrants 1,769,027 $1.50 20-Dec-09 Share purchase warrants 918,332 $0.45 9-Oct-10 Share purchase warrants 219,166 $0.45 17-Nov-10 Share purchase warrants 4,200,000 $0.10 8-May-10 Share purchase warrants 1,800,000 $0.10 28-May-10 Share purchase warrants 5,500,000 $0.12 10-Jun-10 Share purchase warrants 150,000 $0.12 10-Jun-10'
... not bad ... 47.3m outstanding as of sept, and they didn't have much in cash, likely got some since from wts exercise ... same mgmt runs ogr.v, did a huge financing there too, although higher at .70, still puts a lid on the thing for a while, both longer term plays but i plan to follow them, hold speckie positions of both
mmg - finally broke .70, but kind of amazing how slowly it's catching on, considering they're coming out from under SEC-only reporting ... people might be more interested if they made it plain that Merlin would not be in charge of telling the story, lol |