Precious metal company Warrants Message Board

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Gold/Mining/Energy : Precious metal company Warrants

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To: LLCF who wrote (515)	4/26/2006 4:30:57 PM
From: Threshold	Read Replies (1) of 681

DAK, Keep an eye on the GBU.WTs. Stock moved up .28 today and the warrants were flat. But Canaccord picked up just over 1.3M of the warrants today, and from my experience, they are the canuck masters of playing the warrant game. Warrants get you a share at $2.75 until Mar 31/07 and the stock closed HOD at $3.32 today. So maybe they are a little better valued now. Warrant chart is also lagging the stock chart formation FWIW. Some very meaty gold and silver reserves over at GBU, but the EIA still needs approval. gabrielresources.com Also noticed that Newmont picked up 30,000,000 shares starting in Sept 04. I added some today and hold a cost basis of around $1.10, so I am talking my book here. It all hinges on EIA approval IMO, but the market seems to like the risk as gold rises. Be a good time to get a US listing.

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