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Gold/Mining/Energy : Precious metal company Warrants
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To: LLCF who wrote (328)1/24/2006 4:03:26 PM
From: tyc:>  Read Replies (2) of 681
 
I've always steered clear of expiring warrants as "too risky", but they sure can be exciting.

SLK.wt.v expires at the end of February, strike .30c. Current stock price is .35c bid so warrant .05 In-the-money.

With an HV exceeding 100%, this stock may still have time to double; see the chart .. you tell me !. Therefore the warrants have very high delta and very high leverage for five-week play !

quote.barchart.com
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