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romang

09/26/15 9:44 AM

#5005 RE: LouisDesyjr #5004

Would the people that accept the plan get more % of the warrents if some people do not release?

Stockminder

09/26/15 9:57 AM

#5008 RE: LouisDesyjr #5004

Louis,

I am surprised to see that the warrant amount got raised from 10% to 17.5%, the only problem is the strike price will be so high that unless gold rises to over $1,600; the warrants may never have any value.



Can you explain why you believe the price of gold needs to be over $1600/oz for the warrants to have any value.
If you believe this to be the case why would you vote to approve the plan? Also, I didnt think you owned shares.