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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Buckey who wrote (330)1/25/1999 12:51:00 PM
From: Claude Cormier  Read Replies (1) of 5821
 
<<Yes there is higher risk on the warrant - appr 20-25% at this point. >>

I disagree. It is a fact that ITM options or warrants trade with lillte premium. But as soon as they start trading ATM or OTM, the premium builds up. So if NWI stock lose $1 on temporary mixed results, NWI.WT will likely lose much less than $1.

But I agree with you. Liquidity is a concern...

As far as exercising warrants...there are no costs.

CC
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