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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: tyc:> who wrote (19021)8/24/2006 1:31:29 AM
From: koan  Read Replies (2) | Respond to of 78413
 
Tyke owning the wts does control the stock. By and large.

let me give you an example: say k wts are $1 and the stock is $15. 3 wts for 1 share.

Now, say K goes to $1,000 a share. For all practical purposes you will make as much money with those 3,000 wts as you will owning 1,000 shares of stock---right??????

Your wts will follow that stock up almost 1 for 1 at some point and as the stock rises higher and higher the difference between owning the stock and owning the warrants gets smaller and smaller--right-lol?



To: tyc:> who wrote (19021)8/24/2006 10:41:10 AM
From: LLCF  Read Replies (1) | Respond to of 78413
 
Watch out on the K warrants... with 3 or 4 of them needed for one share of stock, they were expensive last time I looked at 'em.

DAK


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