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 : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: calgarylady who wrote (1076)	10/16/2007 5:22:53 AM
From: koan	Respond to of 23097

HDG wts, thanks CL. Looks like its almost dinner time-lol. My big worry is that in 1987 when the markets plummeted gold also fell hard. But this time may be different with the high oil, vulnerable dollar and feds out of bullets. And world markets.

To: calgarylady who wrote (1076)	10/16/2007 12:10:48 PM
From: koan	Read Replies (1) \| Respond to of 23097

Sat on my hands all morning, and took some profits, looking for a play. When I saw gold come back I doubled up on K Dec 5th wts.

To: calgarylady who wrote (1076)	10/17/2007 10:10:47 PM
From: onepath	Read Replies (1) \| Respond to of 23097

More on the just trading HDG.wt. Sprott Resource's High Desert closes IPO; TSX review 2007-10-17 17:41 ET - News Release Mr. Kevin Bambrough reports SPROTT RESOURCE CORP. ANNOUNCES COMPLETION OF HIGH DESERT GOLD CORPORATION IPO AND COMMENTS ON REMEDIAL REVIEW PROCESS INITIATED BY TSX Sprott Resource Corp.'s former wholly owned subsidiary, High Desert Gold Corp., has completed its initial public offering of 30 million units, at a price of 50 cents per unit. Each unit comprises one common share of High Desert and one-half of one common share purchase warrant, with each warrant entitling the holder to purchase an additional common share at a price of 65 cents per common share until Oct. 17, 2009. Immediately prior to the completion of the offering, High Desert was a wholly owned subsidiary of SRC. Following the closing of the High Desert offering, SRC's interest in High Desert, through its holding of six million common shares, has been diluted to approximately 16.67 per cent, thereby preventing SRC from using High Desert's assets to meet its Toronto Stock Exchange listing requirements. As a result, the TSX has notified SRC that it will be reviewing SRC's listing under its remedial review process. SRC has 120 days to comply with all requirements for continued listing, including ownership of, or an option to earn, a minimum 50-per-cent interest in a property that demonstrates mineralization in three dimensions at economically interesting grades. The TSX will assess the property based on a current National Instrument 43-101-compliant report that must contain a minimum recommended work program of at least $750,000. "We are currently in advanced negotiations on a number of properties and are confident that we will acquire an interest in a qualifying property that will enable Sprott Resource Corp. to meet the TSX listing requirements well in advance of the 120-day deadline set by TSX," states Kevin Bambrough, president and chief executive officer of SRC. We seek Safe Harbor.