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

To: marcos who wrote (33826)	2/23/2007 3:50:47 PM
From: koan	Read Replies (1) \| Respond to of 78419

RNG wts should more than double before they even hit the strike price of $5.

To: marcos who wrote (33826)	2/24/2007 11:29:13 AM
From: tyc:>	Respond to of 78419

>>".....ballyhooing it for a long time" And here's a little more ballyhoo. Why do you feel you must get your double from intrinsic value ? I think Koan has said that right now the warrants should move up half as much as the stock .."If the stock moves up two cents the warrants should move up one cent". And the situation will improve as the stock moves up. It is inconsequential that I believe it's more like one/three now (and one/two at the strike price), but even that means a warrant should move up now the same amount as one third of a share...... one third of a share would cost you $1.20. If this is correct, why the concern about next summer, strike price and intrinsic value ? It's today's situation that counts, isn't it ?