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

To: SwampDogg who wrote (19234)	8/26/2006 2:53:24 PM
From: tyc:>	Respond to of 78430

I agree with your "2-year" assessment . (Unfortunately it was because the NGX warrants had less than 2 years to run that I dumped them @.13c ! lol). Nevertheless, I still think that the answer is to keep a close eye on the total delta of one's position (I hope my meaning is clear here). So long as the warrants are offering good leverage in the short term, they should probably be held. Within two years of expiry hold 'em but don't buy 'em. Right now rng warrants appear to offer 2x leverage over the common. I'll be damned if I'll sell them in preference to the common ! (BTW they expire in Spt 08)