SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (37382)3/30/2007 3:40:55 PM
From: tyc:>  Read Replies (1) | Respond to of 78424
 
>>I see MR as a double from here over the next year and the MR.WT as at least a triple.

Thanks Howie. Yes . But is that good enough ? If MR doubles(2x) to $11.80 the wts will have an intrinsic value of (11.80-3.10) $8.70 which is just less than 3x its current price. I've always said that leverage of less than 3x is not good enough ! (Greedy).

(Compare with my favourite RNG. If stock doubles to $9 wts would have intrinsic value of $4, which is 4x its current price of $1.)

But I'm not selling ! Prospects too good (for both, perhaps).