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Strategies & Market Trends : Winter in the Great White North

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To: teevee who wrote (7970)7/9/2015 9:47:25 PM
From: marcos1 Recommendation

Recommended By
longz

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ske.v - it's an interesting case eh, with the sector about as out of fashion as it's ever been, and there's Netolitzky back in elephant country with an apparently top-notch property and eight million bucks to spend

Aussie style share structure - 264.25m shs out, 42.4m wts, 15.2m opts ... hair under 322m f.d.

wts - 40397k at .10 exp 27oct16
wts - 1218k at .10 exp 27oct15 ... also 800k at 2.50 exp this Labour day -g-

opts - 14500k at .10 exp in 2019 and 2020 ... also 675k at .50 exp 22sep15, here's hoping on them -g-

So market cap f.d. at close today is 22.5m, it's not one of the cheaper plays around ... market cap of cad100m gets you to .31/sh only, a round of dud holes could knock it back hard and quick ... i've kept it to moderate size for a speckie [which i tend to keep smallish in any case], still saw the news and stuck in another little bid before close today

Sector has to start coming back to life eventually, PMs this low in the face of massive fiat printing is completely irrational ... not that rationality can be expected any time soon - look at all the ballyhoo in re Greece, you'd think there were no issues anywhere else ... say for instance, in China
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