Precious Metal Exploration
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AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

Message: "Immense Potential" Another write up Nov 6

Mosebylloyd
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Financial future

posted on Nov 08, 09 02:26PM

the reason the shareprice tanked (besides the obvious "financial crisis") was because DRV had very little money.

I looked into the near future funding possibilites for DRV via outstanding warrants and options....

First via options

  • 1.5 million options expire Dec 21/09 @ 25cents =$375000

Second via warrants

  • 20 million @ 10cents would be forced conversion around Jan 10/2010 if price stays above 15 cents = $2000000
  • 2.63 million @ 15 cents if price stays above 25 cents = $394500
  • 2.63 million @ 25 cents if price stays above 40 cents = $657500

If price jumps above 25 cents (and stays there) before Dec 21 = $375000 + $394500

if stays above 15 cents in early Jan = $2000000

above 40 cents would equal a further $657500

The very real possibility of $3.3 million into the kiddy over then next few months, without having to "go to the market".

Everyone try to buy more shares and drive the price up to these levels lol.

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