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Cordoba Minerals (CDB.v) and those warrants

We know Cordoba Minerals (CDB.v) needs to raise a bit of working capital. We know it has a real tiger by the tail now at San Matias. We also know this (from the company Financials):

15m warrants lapse in less than a week's time at $1.50. At the bell today CDB opened at $1.49. Interesting dynamics, no?