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

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To: onepath who wrote (56334)2/6/2008 5:51:50 PM
From: marcos  Read Replies (1) of 78411
 
lgo.v - just looked it up, there were as of 31Dec06 19,138,000 warrants at .13 [not .15] expiring 28Mar08 ... some have been exercised, i think 4 or 5m ... originally it was 20m, from the financing two years ago when they only had Macuchi and were making a deal on Logtung/ND ... they just did a flow-through for ND at .55, if you take 35% off that for tax advantage it's really .36 or so ... they also have a healthy amount of options out, 6m as of last year's annual ... there is good value in it, the group has proven promo ability, ultimately i'm convinced they run it long and hard, after they have papered up friends allies and themselves thoroughly, meanwhile however that's a lot of cheap paper coming into expiry ... so this is the thinking that led me to add gqc.v, cpq.v, cn.v instead, for nearer term [it being winter and all]
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