Sunday, October 27, 2013

Thom Calandra report on Lynden Energy

Thom Calandra wrote an article on Lynden Energy.  It states, "I don't think Lynden even makes the cheap end of the graph," mentioning that he's in "no rush to sell."  Here's the link (click here).

Now that almost 14 million warrants were either exercised or expired on 10/27, it's possible some of the warrant selling will decline leading to an improving share price.  Nothe that there are 5.9 million warrants that expire on 11/12 and 295k that expire on 11/19.  Once those two periods are over, the next set of warrants won't expire until May 2015.

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