Winter in the Great White North Message Board

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Strategies & Market Trends : Winter in the Great White North

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To: marcos who wrote (7783)	2/10/2012 11:21:44 PM
From: marcos	1 Recommendation of 8273

chu.v - warrants structure, from their yearend as of 30sep11 - 10feb12 [exp] ..... 0.11 .... 3494k 07may12 ........... 0.11 .... 4895k 07may12 ........... 0.10 ..... 170k 08oct12 ........... 0.25 .... 5330k Then there are .50s and .40s expiring 06may13, not very meaningful at this point ... really after today, the 5m expiring in may are the thing ... powerful inducement to come up with some news to bring in volume, get those few bucks into treasury, remove the paper from overhead They had 5.5m cash 30sep11, topped up fairly well ... the 15,000m drill programme did have usd841k owing, 'expected to be due within one year', presumably after all holes are finished

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