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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 (47534)8/18/2007 12:08:52 PM
From: Metacomet  Read Replies (2) | Respond to of 78424
 
"A's will be worth .35 more than the B's."

Well yeah..

Until 4/10/2010.

B's will continue to participate in any price growth from April 2010 to March 2011, and they cost about 20% less than the A's.

Again, the only reason to even look at these suckers is if you believe that EPM will be a thriving producer in this time frame.

Since I have already bought into that premise, why pay more to short circuit by a year all the imagined growth in that additional year?

I know Black-Scholes fully anticipated this scenario and established rigid, crystal-ball quality, rules on pricing these things.

Maybe they will expand the resource between now and then...

My intuition says to play the extra year.

(That's why I don' wanna give advice.)