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

To: onepath who wrote (25992)	11/22/2006 2:57:06 AM
From: marcos	Read Replies (1) \| Respond to of 78416

Problem with the warrants is, what happens if there's a takeout under the point where you're in the money ... right now epm shareholders might just jump at a bid of 1.50, that's over a double from today's close, but we need 1.85ish minimum to break even on the b-class warrants [my acb likely .32ish now, had a few .405 before, duh] ... not that a takeout is very likely at this point, but stranger things have happened ... on the other hand, if things go fairly right, there is huge leverage to the PoG and to epm developments, and five full winters of it ... such a deal pro.v - there had to be something there, as they had the property before making the deal with Día Bras, that doesn't happen by magic ... but i didn't put out the effort to suss them out, had other interests, so it goes ... just noticed the b.e. candle today, that often leads to a bit more ramp the next day