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

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To: Metacomet who wrote (47546)8/18/2007 12:25:40 PM
From: koan  Read Replies (1) of 78424
 
Metacomet, if EPM goes to say $5, both the A's and the B's will trade with little time premium, so the A's will trade at a .35 premium to the B's at that time.

Also the leverage should be about 1.1/1.2 at that point and I will be long gone-lol.

The reason I bought some B's last week was I got them for .31 while I had to pay .45 to .50 for the A's, so I got the extra share control for the same amount of money.

And if the stock goes to $5 the .35 will be offset by the extra shares I got for the same amount of money.
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