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Gold/Mining/Energy : Precious metal company Warrants -- Ignore unavailable to you. Want to Upgrade?

To: Julian Augustus who wrote (261)	7/20/2005 12:50:40 PM
From: dara	Read Replies (1) \| Respond to of 681

Undervalued. Thanks. An interesting list you have. Not many warrants are rated hugely undervalued. I do own CBJ.wt (at higher prices). Bolivar Gold is one of John Embry's funds top ten holdings, I think. Did you follow the treatment of SDM.wt by Lonmin with their takeover of SPC? Kind of put me off warrants.

To: Julian Augustus who wrote (261)	8/7/2005 9:37:50 AM
From: tyc:>	Read Replies (2) \| Respond to of 681

Leverage + volatility; In your warrant chart, the strike price of age.wt.u and the warrant price are shown in US dollars. Perhaps the current price of the common should also be shown in US$. It's currently US$13.08 (AEM). This seems to offer good leverage for the warrant; (i.e if the stock price doubles to US$26.16, the intrinsic value of the warrant would be ($26.16 - $19=) $7.16,which is 4.6x its current price of $1.55). I wonder why your chart says it's over-priced ? Your chart shows 24% as the Historic volatility of the common. However, this page shows recent (9-day) volatility increasing to 35%. quote.barchart.com The current surge in volatility could indicate a lively period ahead for this well leveraged warrant. We shall see !