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Gold/Mining/Energy : Canadian Warrants Only

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To: cuzco99 who wrote (14146)6/24/2010 11:39:23 AM
From: PaperPerson   of 23091
 
i would not buy GLW warrants based on what they have going currently. fnx is ok, but the south african uranium-gold deal makes me queasy.

i would buy the warrants based on they made some learning mistakes and they are going to be highly motivated to get the market excited about whatever their next move is. they do have $97 million in cash and only 140 mm shares, so that is 69 cents per share in purchasing power.

personally, i think they should buy out sandstorm SSL for stock.
dont forget, they are related. nolan watson is on gold wheaton's board and he came out of silver wheaton.

that woudl give them a much better portfolio than they have with much more diversity. by the way,if that happened we would make money three times. on the sandstorm stock, the sandstorm warrants, and probably on the glw warrants!!!
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