03-06-2010, 07:51 AM
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#2212
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I STILL don't get it
Join Date: Sep 2005
Location: vancouver
Posts: 470
Thanked 26 Times in 11 Posts
Failed 3 Times in 2 Posts
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Quote:
Originally Posted by subordinate
Another guy on a stock forum pretty much summed it up perfectly,
Ecometals is changing the exercising warrant date to a much earlier date, Feb 26th. One has to wonder why Ecometals is making their warrant holders choose to exercise their warrants at the changed date before news is even released.
Possible reason and logical: The current drilling has not gone as well as hoped, maybe first drill hit nothing significant, etc, which the Management felt that if news was released, the stock would tumble hard making the warrants worthless, providing Ecometals with no incoming cash. And that is why they are forcing the warrant holders to make a decision soon.
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And reason why I am in NDR-V, I was in this place initially because it was the most undervalued play in the region. Now, I am more in this play for the momentum effect when the main player, Kinross, releases results. Kinross's geo guys must have this gold structure figured out, so good assay results in the near future will have a very dramatic effect on NDR, and surrounding plays.
....reading what i wrote, doesn't sound as coherent as I would have liked it to be, but I am pretty tired. blah.
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looks like DRI.V had pretty outstanding assay results on their latest drill, it should bode well for NDR.V...congrats! you going to take some profit off the table, or wait it out for upcoming news?
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