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


To: koan who wrote (1192)10/24/2007 7:48:23 PM
From: calgarylady  Read Replies (1) | Respond to of 23100
 
I am not sure if its courageous or stubborn.. I plan on seeing these warrants to $1. I don't think asking for a 5 bagger from my first buying is asking too much. Lots are 10 baggers but I will settle for 5...lol

Actually I think due to the fact that Kinross was held down for so long with the Bema takeover its been undervalued for a long time just due to the fact it was out of favor with the market. When I am looking at the warrants most of the gold are overpriced or so high priced that they aren't for most in the markets. K.wts right now are easy for everyone to play gold with a producer.

Another new energy warrant is coming on.

ENERVEST ENERGY AND OIL SANDS TOTAL RETURN TRUST ANNOUNCES FILING OF FINAL PROSPECTUS FOR WARRANT OFFERING

Enervest Energy and Oil Sands Total Return Trust has filed a final prospectus pursuant to which the trust will, subject to obtaining all necessary regulatory and exchange approvals, issue to the holders of its outstanding trust units, at the close of business (Calgary time) on Nov. 1, 2007, 1,631,340 transferable warrants to subscribe for and purchase 1,631,340 units of the trust. Each registered holder of units at the close of business on the record date will receive one-half of one whole warrant for each unit held. One warrant entitles the holder thereof to purchase one unit at a price of $8.70. The warrants are exercisable commencing on Jan. 1, 2008, and any warrants not exercised by 3 p.m. (Calgary time) on Oct. 2, 2008, will be void and of no value.

The trust has received conditional listing approval from the Toronto Stock Exchange to list the warrants issued pursuant to the final prospectus on the Toronto Stock Exchange, as well as the units issuable on exercise of the warrants. Subject to the satisfaction of listing requirements, including confirmation regarding the distribution of the warrants to a minimum number of public holders, it is expected that the warrants will begin trading on the Toronto Stock Exchange on or about Nov. 2, 2007, under the symbol EOS.WT.