When a investor has a warrant at or near the current stock price in a flat market, rational behavior is to sell the stock immediately and keep the warrant for 2-3 years of exposure, because if the discovery fails they've already recouped capital; if it succeeds, they still have upside through the warrant.
causalpending
Speaker
LukeEvidence Quote
“if you have a warrant especially if it's pretty close to the current price and especially if you're betting on a big Discovery but it's unlikely to happen then why keep the stock just sell the stock and keep the warrant you have exposure for two or three years if it fails who cares because you only you know you sold your share already”
Source
The Biggest Problem With Junior Mining, the Story of a Mine Builder, and a Different Copper Porphyry— Resource TalksCreated: 8/13/2026, 4:56:03 AM
My Notes
Loading notes...