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

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From: CathyJ7/8/2007 1:04:50 PM
  Read Replies (1) of 78424
 
After all the activity this past week with BWR.wt
I have a question on BWR (all values from Stockwatch)--
BWR.wt price is $2.37
BWR price is $3.34
Strike price is $1.01 for the warrants.
I understand they are in the money, but if I buy the warrants at $2.37, the price needs to go to $3.38 (.04) difference for ME to be making money.
Is the primary reason, at this juncture, to buy the warrants vs. the stock the potentially less volatility of the warrant and the time value of the warrant?
Thanks for the help in figuring this out.
Cat
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