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

To: tyc:> who wrote (3802)	4/17/2008 7:35:30 PM
From: koan	Read Replies (2) \| Respond to of 23125

tyc: "I just bought some more NGD.wt.A (@1.75) and provided funds for the purchase by shorting NGD. We'll see if we are right in believing the warrants are more desirable than the common stock ! What has cost virtually nothing should enhance in value. Vive le hedging !" I think that is a very smart play tyc.

To: tyc:> who wrote (3802)	4/18/2008 2:06:27 AM
From: onepath	Respond to of 23125

There are 23,700,000. NGD.WT.A and soon if the short the stock buy the WT. catches on we might be able to collar most of them. I like your move. More coverage starting to come on the merger.... Lundin refreshes Peak Gold buy for blockbuster deal 2008-04-17 20:42 ET - In the News Brien Lundin, in the April, 2008, edition of the Gold Newsletter, refreshes his buy recommendation for Peak Gold Ltd., recently 73 cents. Mr. Lundin said buy Peak Gold in November, 2007, at 63 cents. A $1,000 investment is now worth $1,129. Mr. Lundin initially recommended Peak based on its management "dream team." However, the prospects of the company have now grown considerably with its three-way merger with Metallica Resources Inc. and New Gold Inc., in a "blockbuster deal" which will help fill the current market vacuum for mid-tier gold producers. The new company -- to be called New Gold -- will have a market cap of $1.6-billion (U.S.) and will boast three producing gold mines in Australia, Brazil and Mexico. It will have proven and probable gold reserves of 3.2 million ounces and proven and probable silver reserves of 65.3 million ounces. With this combination, Mr. Lundin thinks the new New Gold will immediately become one of the most dominant mid-tier gold producers. With $500-million in the bank, producing mines spanning the globe, world-class projects in development, and talented and experienced management behind the wheel, Mr. Lundin says the combined New Gold is a company investors should gladly put their money behind.