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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (1103)	10/17/2007 10:03:00 PM
From: PaperPerson	Read Replies (1) \| Respond to of 23095

Ah, the value of leverage. RAME rose 5.5 percent to 5.38. RAMEW, the warrant, closed up 16 percent at 71 cents. Makes sense, since the warrant strike price is 5.00 and the stock is now 5.38. FROM AN SEC FILING: "We currently have outstanding 12,650,000 redeemable common stock purchase warrants. Each warrant entitles the registered holder to purchase one share of our common stock at a price of $5.00 per share, subject to adjustment ... The warrants expire on May 11, 2008 at 5:00 p.m., New York City time."