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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (7448)3/2/2006 6:27:53 PM
From: The Vet  Read Replies (1) of 78410
 
koan << On Monday I bought SLW B wts at $3.20. >>

Interesting enough, so did I at exactly the same price. You are right about leverage but many don't seem to realise that the B warrants are 1:1 with the stock but the A's and earlier warrants are 5:1. Now all are in the money but the gain from here on in for the B's should be 5 times that of the others. On current prices the B's are not priced at 5 times the lower priced warrants making the B's better value.

Fair pricing today for the B's would be well over $6. For SLW.WT it should be around $1.50. Of course both will rise if SLW continues on up as I expect it will.

smartinvestment.ca
This is a useful site for warrants even if it is only updated weekly.
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