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To: hoopsville who wrote (31401)1/31/2007 8:39:53 AM
From: tyc:>  Respond to of 78419
 
A Rio Narcea warrant gives the holder the right to buy a share of common stock for C$5 until Sept 2008.

They may be available only in Toronto under the ticker RNG.wt. It is possible that they also trade on the pink sheets with the ticker RNWTF.

Your experience of being burned by warrants is not uncommon. They are risky. But in the short term, if the stock goes up, the warrants might be expected to climb faster. I believe yesterday the stock went up 5% while the warrants climbed 10%.... from .40c to .44c