[quote=jonna]Hisah, take a look at Africa oil and Horn Petroleum.
They had a private placement in which Africa Oil bought the latter for 0.80 cents per share but would still trade at $1.20 to $1.50.
Now, the thing that's mind boggling is that the shares are allowed to trade in Canada but not in America and from what I understand is that after the expiration date after the 4 month hold.
Would the shares in America trade at the same price as those in Canada considering the fact that the one in America is on hold or will they try to keep up with the Canadan share price after October 9th 2012??
http://www.thepressrelea...easeSeq=0&year=2012[/quote]
Quote:If the Horn common shares trade at or above $1.50 for 30 consecutive days there a forced exercise provision will come into effect.
That is the tell tale statement. The price will catch up 
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!