Replies to post #1222 on Recyclico Battery Materials Inc. (AMYZF)

[value1008]

Chesterfield, this warrant overhang on AMY, as with so MANY, MANY other junior resource exploration-development-mining stocks, is by far the biggest drag & cap on their shareprice, and it's the reason, imo, that AMY isn't already at $2 or $3.

It simply means we have to be patient. Having said that, i'll remind everyone that this thing did not "fill the gap" and drop down into the 0.40s in June when it looked like a mountain of cheap paper was coming eligible to be traded and when the entire junior commodity miner space was being heavily sold off in the aftermath of silver's plunge in early May.... That taught me that more people "know what they hold" with AMY than i had previously surmised.

It's also the case that good news can indeed zoom a s/p FAR ABOVE where one might have thought most warrant-holders would cash in for quick doubles and triples en masse... There are numerous examples of these powerfully soaring shareprices with dozens of miners (silver, REEs, etc.) and also with that stock i've mentioned before, Orbite Aluminae, which had a LOT of cheap paper out there and yet still zoomed from 12 cents/share in July 2010 to over $5.60 in Feb on great news.... We also know that lots of warrants on ORT were being exercised and cashed in during this time, but the new buying pressure overwhelmed that selling to take the s/p remarkably higher.

AMY has a lot of potential "great news" items coming down the pike to attract a LOT of buying and take the s/p much higher, despite the cheap warrants outstanding:
--TetraTech's initial report on enviro-permitting process;
--new NI43-101 resource report,
--pilot plant test results,
--Kemetco's report on feasibility of producing LMD for battery industry,
--and the pre-feasibility study by Wardrop.

The last three items, even if just moderately positive, will definitely "prove the concept" that AMY can be a very profitable biz. And the last of these items, the pre-feas study, incorporating all the other items, is evidently to be released by October, a mere 3 months away....