Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: tyc:> who wrote (2545)	7/9/2002 5:55:38 AM
From: tyc:>	Respond to of 8273

I must be crazy invoking both Buffett and Benjamin Graham in a discussion about mining stocks ! But here goes anyway ! In that fantastically good book "The Intelligent Investor", BG rails against warrants but then goes on to point out that one must include the market valuation of the warrants in the calculation of the total market value of the company. It strikes me that this implies that any over-value assigned to the warrants will be reflected in under-valuation of the common stock.