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


To: calgarylady who wrote (2930)2/28/2008 10:47:16 AM
From: UPTICK  Respond to of 23130
 
"And after the run PDL has had its to be expected he would take a little profits but it spooks the average retail investor. Most of the time its just creating a buying opportunity."

Exactly, it is back in the green...at $8.44...



To: calgarylady who wrote (2930)2/28/2008 10:57:43 AM
From: PaperPerson  Read Replies (5) | Respond to of 23130
 
Notice how fickle the resource stock markets are???

While platinum palladium stocks are moving nicely, nobody even seems aware of the existence of two uranium stock funds that started last june and then got hammered by the junior collapse -- Global Uranium Fund GUR.to and Sentry Select Primary Metals PME.to. I can find nothing wrong with either of them! I am particularly interested in PME because it is run by Kevin McLean, who has a good rep as a stock picker. Both of these have warrants and they are both CHEEEEEEP~

The uranium fund warrants PME-WT and GUR-wt continue to be treated like disenfranchised orphans. GUR warrants are not yet available on the pinks, but the PME warrants are, as SPRIF.

In particular, my opinion is that these two will benefit from a slingshot effect when the uranium juniors run once again.

(SLINGSHOT = Discount to NAV becomes premium to NAV at same time that NAV rises.)

They feel safer to me than say, an MGA warrant, because they do not rely on the drill holes or financial uncertainties faced by one company, but are instead an industry play.

Put another way, if the uraniums run, you won't have to figure out which one to buy and sell. You have a basket, and the warrants give you potentially major leverage on that basket.

Michael