Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: LoneClone who wrote (37647)	4/4/2007 10:55:22 PM
From: LLCF	Respond to of 78419

<It's meaningful as a guide for how far the warrants might have gone without this lowball takeover offer> Or simply a reflection of panic buying based on a leak of the news or some such thing. Someone made a great sale. :) Clearly the buyer plans on paying 1.04 for the warrants and not letting them run to expiry in any way... therefore at this point there is a good chance the warrants are worth the (price of RNG) - (strike price) + [(probability the deal falls through) x (premium value at new price "p", assuming deal falls through)] From the wording of the press release I'd say that "tail" premium value looks to be zero. DAK

To: LoneClone who wrote (37647)	4/5/2007 12:53:02 AM
From: Proud Deplorable	Respond to of 78419

Its possible they won't be able to get the shares they need to do the deal. Thats what I'm hoping and is why after selling my warrants today I bought 2/3rds of them back.