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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: koan who wrote (44252)7/8/2007 2:07:36 PM
From: Canuck Dave  Read Replies (2) of 78421
 
Well, unless BWR retreats back under a dollar (not likely at this point) and the warrants become worthless.

With more leverage and potential reward comes more risk.

But what reward!

And you're right about the lack of a time value in the warrants. They trade pretty much at the strike pretty well all the time. With BWR rocketing up, I would have thought somebody would have started gobbling the warrants, but it apparently doesn't work that way.

CD
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