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

To: Rollocaster who wrote (332)	1/26/2006 2:17:06 PM
From: Canuck Dave	Read Replies (1) \| Respond to of 681

Yoicks... The different warrants have differing terms. "In the money" means the warrants have a cash value. Example: THe SLW.WT warrants allow you to purchase one share of SLW for $4 and 5 warrants, so if you exercised them today and sold the stock for 7.63 (current price), You would net (7.65-4)/5 = 73 cents per warrant. The BWR warrants allow you to purchase a share of BWR at a buck, so you would LOSE (.88-1.00)= 12 cents if you exercised them right now. Hence, they are "out of the money". The leverage is whatever it is, but pretty good with SLW (I think). Warrants are even better. CD