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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: LLCF who wrote (38297)4/15/2007 4:51:50 PM
From: marcos  Read Replies (2) of 78409
 
This is your field DAK, so you know well the terms and feel protective of them ... if you were talking logging and getting the terminology wrong, i'd get positively pedantic about it -g- ... still, true enough, there is an important distinction here [though i can't imagine even considering a warrant without conviction that its underlying will gain, and gain soon before the time decay rots the option value] -

'... Warrants and options values are always spoken of assuming the underlying stock is properly priced... when the underlying ISNT then that's great, but I think one should say that... they love the STOCK so much they are looking for high leverage in the options (warrants) if that's the case.'

Your thread is great, i've had it bookmarked for ages, there is another where calgarylady and others post, be nice if they could be consolidated - Subject 55130
Subject 27370

[edit] - 'Goldfinger Brown's two billion quid blunder' - lol good name for him - timesonline.co.uk

' ... Brown offloaded the gold at a 20-year low in the market — now nicknamed the “Brown Bottom” by dealers. The 17 auctions achieved prices for the gold of between $256 and $296 an ounce, with an average of $275.... '
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