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


To: LLCF who wrote (515)4/26/2006 2:20:46 PM
From: Canuck Dave  Read Replies (1) | Respond to of 681
 
From the company web site....

"Expire: December 5, 2007

3 warrants + Cdn $15.00 = 1 Kinross common share"


That explains the low, low, price...

CD



To: LLCF who wrote (515)4/26/2006 4:30:57 PM
From: Threshold  Read Replies (1) | Respond to of 681
 
DAK,

Keep an eye on the GBU.WTs. Stock moved up .28 today and the warrants were flat. But Canaccord picked up just over 1.3M of the warrants today, and from my experience, they are the canuck masters of playing the warrant game.

Warrants get you a share at $2.75 until Mar 31/07 and the stock closed HOD at $3.32 today. So maybe they are a little better valued now.

Warrant chart is also lagging the stock chart formation FWIW.

Some very meaty gold and silver reserves over at GBU, but the EIA still needs approval.

gabrielresources.com

Also noticed that Newmont picked up 30,000,000 shares starting in Sept 04.

I added some today and hold a cost basis of around $1.10, so I am talking my book here. It all hinges on EIA approval IMO, but the market seems to like the risk as gold rises.

Be a good time to get a US listing.



To: LLCF who wrote (515)4/27/2006 1:44:56 AM
From: Nevada9999  Read Replies (3) | Respond to of 681
 
I am having a hard time buying warrants until there is a significant correction. My last warrant purchase was AEMLW at about $1.50. Sadly, they are all gone now. I made a very healthy five digit gain, but left six digits on the table with them at $19 today. I need to keep working on my trading strategies. Emotion kills profits.

Meanwhile, I've been spending some spare time on dividend paying stocks and NAT is looking too good not to mention. I've been following it since 2003 when it was under $20 and had a 35% dividend. I just couldn't believe it. It went to $50 and then corrected for the last 13 months. Today it gapped up through the LT downtrend line and the 200 dma. The dividend is presently 24% per Yahoo. That might be somewhat exagerated since it is based on 4x the Q4 payout, but 15-25% is typical for this stock. They have 9 Suezmax double hull tankers, with 8 operating on the spot market. The chart says this one is going higher, but with the dividend it looks hard to lose on this. The next quarterly dividend should be payable early June to owners of record in mid May. The dividend causes significant moves in the share price.