Major warrant conversion expected in Feb. Would like to hear other retail investor thoughts on what FCMI might do with the converted shares.
What I don't really understand is the relationship between FCMI and Friedberg Mercantile Group Ltd. Anyone out there that can provide some info?
Do a little research on Friedberg and it will all become clear. You will then know who to ignore.
Freidberg will start shorting the heck out of PZG in anticipation to purchase the warrants at a buck or so.
He will the proceed to cover the short position with the warrants exercise, pocketing the difference.
The warrants are purchased at a preset price. As usual Stinger provides false & misleading information.
Stinger, you still have not answered the question ........why are you even on the PZG site? Just a basher.