Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: E. Charters who wrote (19288)	8/27/2006 5:28:28 PM
From: tyc:>	Read Replies (2) of 78413

So, a 6.6% gain in the stock and a 16.6% gain in the warrant. Then what's the leverage ? The answer is surely 16.5/6.6 = 2.5x. which is what I would arrive at if I divided 15/3 and multiplied by the delta of .5. 15/3 = 5* .5 = 2.5. Geez ! Koan says it's 5x , simply dividing 15 by 3.

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