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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Sawdusty who wrote (817)	10/11/1998 10:01:00 PM
From: Wizzer	Respond to of 4467

What I mean is that although they get 1/2 warrant for each share, I do not see where it lowers the price of the share My comment was most definitely a mistake. The 1/2 share warrant does cost something in re-reading the release (average cost is not 13 cents as I indicated). I was rushing off to Thanksgiving lunch/dinner and I wasn't concentrating. Apologies to all. I reiterate though, that PP's in the short term normally do not affect the stock price positively, but there may be exceptions. I will have to get someone who understands the tax implications for the investors putting up the money in a private placement. I believe it is a sweet deal for them.