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

To: koan who wrote (33833)	2/23/2007 4:13:05 PM
From: Chunger	Respond to of 78419

Pretty exciting alright! My heart rate is still up there...Lol

To: koan who wrote (33833)	2/23/2007 4:15:22 PM
From: marcos	Read Replies (1) \| Respond to of 78419

Mmm, not sure about that ... seems to me your logic there has as premise that there is some sort of intrinsic value to the warrants, and there isn't - the common is trading well below strike ... there is no base worth to out of the money warrants, only the value put on them by speculators, whose mood changes regularly ... i don't think you can put a very precise formula on it, it's pure sentiment That said, i kind of like having them ... like having the epm.wt.b warrants too, which have four and a third winters time left on them, where rng.wt has one and a third winters, but has a currently hot common, so that partly balances out