When a stock trades at 10-20 cents and warrants are priced close to current price, the warrant situation becomes 'a deal' for Luke (negative), because the warrant overhang will constrain stock upside materially.

normativepending

Speaker

Luke

Evidence Quote

if if a stock trades at 10 cents or 20 cents and the warrant just trades a little bit above that it's it's very very often a deal for me

Source

The Biggest Problem With Junior Mining, the Story of a Mine Builder, and a Different Copper PorphyryResource Talks
Created: 8/13/2026, 4:56:03 AM

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