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

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To: koan who wrote (37593)4/4/2007 8:04:34 PM
From: LLCF  Read Replies (1) of 78421
 
<It is not $1.04 for nothing. The wts are a contract and have lots of time and leverage value left in them.>

As usual it's incumbent upon you to please include information about the warrants when giving an opinion... how MUCH time is left? What is the strike price? How can you comment on value without that basic info?

I assume you noticed that the tender offer included a bid for the warrants.... ie. time till expiration would become time to buyout, meaning time premium goes to zero.

dAK
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