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: roto who wrote (38177)	4/13/2007 2:59:09 PM
From: koan	Read Replies (2) of 78409

RNG: I do not understand the entire deal (its apparent undervaluation offer) and it may not be over yet givne the apparent arbs involved? . One thing I am very puzzled about is how the time and leverage value can be valued for the wts other than an agreement by wt holders to sell at $1.04? What happens to wts if arbitragers force the price of the RNG stock up? How does one value the wts under those circumstances, especially as at $6.04 the intrinsic value would be $1.04 and time and leverage value should be added on? But how and how much? It almost seems like a court would need to sort it out?

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