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Gold/Mining/Energy : Precious metal company Warrants

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To: LLCF who wrote (273)8/12/2005 7:39:30 AM
From: tyc:>  Read Replies (1) of 681
 
>>still waiting for the payoff

Me too, Dak ! Where are the speculators ?

But the absolute "value driver" here is not Black Scholes nor "delta", but the simple arithmetic fact that if the stock doubles from its current price of US$13.63, the warrant will have an intrinsic value of US$8.26, which is 5.2x its present price. (Bear in mind th US dollar is falling.... the prices of gold mines can be expected to increase measured in US$)

Does anyone know of other quality warrants that offer similar leverage ?
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