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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: onepath who wrote (57395)3/9/2008 12:13:10 AM
From: marcos  Read Replies (1) | Respond to of 78408
 
Know anything? - moi? ... about BC mining/explo? ... no, not possible, if that were the case i wouldn't be stuck with the tail end of a sad puppy named Leeward lwc.v, at cost over twice its current market

All i know about ngd.wt.a is that nine years seems like a long time - whether to pay up for that time is another matter, they could get taken out for cash and screw the warrants holders ... i just noticed now what the common did friday - wooo, that is a sign of optimism somewhere ... they did impress at PDAC [who said that - ogi?] ... the spread tightened so i gave up playing market maker on the wts, don't want to let any go at this point [during the day the bid was 1.55 i think, must have been pulled in the last minutes, or hit the offer, one of the two]

Numbers for the mine are quite healthy, there's fractured tenure with ame.v, you're aware of that ... they have a goodly slice of their capex funds tied up in dodgy mortgage paper, hard to say if/when they'll get it back ... but nine years, that's longer than most companies are around - and that's the rub, maybe this one won't be, so poof go the warrants



To: onepath who wrote (57395)4/6/2008 2:48:43 AM
From: marcos  Read Replies (1) | Respond to of 78408
 
ngd.wt.a - this is getting to be my Single Best Idea du jour, more i think about it, now followed your bio and see you quite interested ... actually, didn't i originally get it from you, some bell ringing back there, what sold me on it of course was the way 28Jun17 stuck out on the canadianwarrants.com page

So what if strike is double common shareprice now, nine years is a long time ... nine years and three months really - think back and consider how much has happened since january '99, that's a lotta crazy shee-it come to pass man ... seems like New Gold with Lassonde Schulich Telfer et al should do something of a Yamanadrama in the natural course of events, so while the A-model thing is not going anywhere right now i think i'll be adding, and for the longer haul too, used to think of it as more of a trader

Their model here says it's worth 3.50, that's a bit rich imho, gives it two to one leverage only, but at four to one i'm a buyer [and got a few more this last week] - canadianwarrants.com

There was volume in it two days in february - wonder what the odds are that the buyer[s] has/have spoken to, or is/are, one or more of the individuals named above, hmmm