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


To: PaperPerson who wrote (3664)4/5/2008 12:08:27 AM
From: Buckey  Respond to of 23089
 
actually having followed CDN warrants fro over ten years and watched in horror as my short term thinking saw me miss many many many 10-20 baggers on stocks I followed alone no less some of the warrants I would say that a 7.50 stock with a $15 strike is very doable with a 10 year expiry



To: PaperPerson who wrote (3664)4/5/2008 1:17:39 AM
From: onepath  Read Replies (1) | Respond to of 23089
 
Schulich taking a 14% stake in NGD is a real vote of confidence here.He founded his fortune in the 1970's with the Franco-Nevada and Euro-Nevada PM royalty companies.This man knows what he is doing....

New Gold shareholder Schulich buys four million shares

2008-04-03 12:21 ET - News Release

Mr. Seymour Schulich reports

SEYMOUR SCHULICH REPORTS OWNERSHIP IN NEW GOLD INC.

Seymour Schulich, through his registered retirement savings plan, care of 20 Eglinton Ave. W, Suite 1900, Toronto, Ont., M4R 1K8, has purchased four million common shares of New Gold Inc. through the facilities of the Toronto Stock Exchange.

As a result of this purchase, Mr. Schulich currently owns or exercises control and direction over four million common shares of the company. Mr. Schulich's current shareholdings represent approximately 14 per cent of the current issued and outstanding common shares of the company. Mr. Schulich has further advised the company that he has acquired the four million common shares for investment purposes. Mr. Schulich has indicated that he will review his holdings from time to time and that he may increase or decrease his position as future circumstances may dictate.







To: PaperPerson who wrote (3664)4/5/2008 12:23:31 PM
From: koan  Read Replies (1) | Respond to of 23089
 
To provide some perspective on NGD A wts, price 7.50 and strike of $15 with 9 years to go.

In 1987 I bought Pegasus wts for essentially $1.50 (5 for 1 .30). The stock was $12 and the strike was $14.57. The price then dipped down to $6 (but wts held up pretty well even though they were just 3 year wts) and then gold rose and the stock went to $35 and the wts went to $5.

Here is the magic of wts. Free insurance and leverage. With 9 years left, for many years the wts for all practical purposes will lose no time value and should stay close to the $1.75 or higher now offered.

Note the wt page has them as undervalued with real value being $3.50.

And if something happens to drive gold to $2,000 the stock should blow right through $15 and go to $50+? and the wts will scream on the upside.

Pretty safe way to play gold over the long term.