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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 (36296)3/19/2007 11:47:30 AM
From: tyc:>  Read Replies (2) | Respond to of 78419
 
>>"tuck another 2k of their time-decayers"

Although I have difficulty interpreting EC's cryptic messages, I think he was saying here that the "warrants are cheap". (Is that allowed ?)

Message 23380380

I'm going to say the same thing in a different way, given the volatility displayed by RNG, the warrants appear to be trading on a price curve more appropriate to an option with less life ahead of it. In other words, I don't think you'll see as much "time decay" as you're expecting, in the near future, anyway.

Another point from my devious thinking, early this morning the Canadian price of gold was approaching $800, higher than ever in this current market. Conversely, the Canadian dollar has been (and is ?) declining against real assets i.e against other metals too. Doesn't that mean that the strike price is falling ?

This is the best of all times to be invested, IMHO.