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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 (38199)4/13/2007 3:07:36 PM
From: roto  Respond to of 78409
 
the RNG offer is suspect throughout. in my bookmarks I have this warrant info...thoroughly generic of course>

****What happens to warrants if the company is taken over or merges?

The warrant holders are usually treated well in a takeover situation. Some recent examples, Yamana Gold bought out Desert Sun on a stock for stock exchange and the old Desert Sun warrants are now traded as Yamana Gold warrants with the same expiration date. Another example was the buyout of Bolivar Gold was for cash and the warrants holders were treated well, even thought some of the warrants were still 'out of the money'.

One important thing to remember is that many of the warrants of virtually any of the companies in our database are owned by what we call the 'big boys': mutual funds, merchant banks, private investors, etc. which acquired the warrants on the initial financial arrangement for which the warrants were issued. They will want to be treated fairly also on any buyout of the company and the amount to be received for the warrants and will have much more influence that the individual warrant holders to get fair treatment.****

see> preciousmetalswarrants.com



To: koan who wrote (38199)4/13/2007 3:18:11 PM
From: LLCF  Read Replies (1) | Respond to of 78409
 
<One thing I am very puzzled about is how the time and leverage value can be valued for the wts>

As we've mentioned repeatedly, leaverage in warrants is the consequence of their pricing, value, etc... it is not an attribute in itself... it is a result. There is no value attributed to the leverage in those warrants.

DAK