epm + wts - yes, heading into the home stretch towards production it won't matter that much which warrant is the best, they're both great plays here and so is the common imho [though i did lighten up on common to help pay for more Bs and a few As a while ago] ... they had big disappointments and delays in the past, and the memories of those lingering is what is holding the shareprice back imho, eventually it will become clear that they're in business now ... major risk is that gold and copper prices could tank and snooze for a while, but if we were overly worried about that we wouldn't be playing metals shares in the first place
You think the spread between As and Bs will widen much? ... might for a penny or three maybe, but not much in percentage terms imho, if there was any more than ten per cent difference i would trade As in for Bs ... gotta like that extra year, a lot can happen in an entire winter
Upthread tyc says you should use f.d. market cap for figuring, well if you do that you should also count the cash coming in on full dilution ... and it is considerable, over 150 millions, helps turn the whole picture into a future growth story imho ... in any case, at the current price of common it's pretty near a wash
kex.v - some TDer shovelled out 80k today, wouldn't have done that myself, it's the best pick Red has had for some time imho ... the barite may sound boring, but i understand they have good chances of cashing it up, all they have to do is grind it and as long as it makes the right specific gravity [which is 4.2 or 4.3, forget which], just load it up and ship it ... low capex operation ... the gold on that property is its kicker, plus there are Rosebud and Ivanhoe going, it would only take one small hit to run the share hard, and speculation going into results will lift it some distance anyway
gwg.v - i've been adding shares, not the only one to do so either, apparently - stockcharts.com |
