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Gold/Mining/Energy : Precious and Base Metal Investing

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To: dara who wrote (24917)12/2/2003 11:25:52 PM
From: LLCF  Read Replies (1) of 39344
 
dara,

Based on the CBOE options calculator which only goes to expiration of Nov. 2006:

A $1 options price implies about a 50V using a 3% annual interest rate and a 5.50 reference price on the commmon.

IMO plenty cheap to buy, especially since you get another 2 years!! Just another silly cheap warrant to buy in the metals sector. Thanks for bringing them to my attention.

DAK
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