SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (18572)8/29/2003 8:11:32 AM
From: Tommaso  Read Replies (1) of 39344
 
It's really pretty simple. As compared to the stock, Wheaton warrants were not a good bet earlier this year, and I said so.

In relation to the stock price, they are now a much better bet, and I have just said so.

The variable that you have never taken into account is what it might mean to be a United States investor putting United States dollars into a warrant with an exercise price denominated in Canadian dollars. All the supposed mathematical formulas for warrant evaluation are not going to take that into account. It's at that point that fifth grade arithmetic and common sense help.

EDIT: I put my money where my mouth is. I have been holding a large position (for me) in Wheaton since about a year ago. I bought some warrants earlier this year until I realized my mistake. And yesterday I tripled my position in the warrants when I realized that they were now a pretty good gamble.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News