Precious metal company Warrants Message Board

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Gold/Mining/Energy : Precious metal company Warrants

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To: Nevada9999 who wrote (254)	7/18/2005 7:07:06 PM
From: tyc:>	Read Replies (1) of 681

Just guessing of course, but it looked as if a "hedge fund" were closing a position by "covering its common shorts and selling its warrants". I couldn't resist buying more warrants at $1.35, damnit !. With AEM @US$12.34, the warrants have a lererage of 4x; if the stock doubles the warrants will have an intrinsic value 4x current price. (>2 years of life left, I think) Pretty good ??

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