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

To: pocotrader who wrote (6783)1/4/2009 6:46:34 PM
From: onepath  Read Replies (1) | Respond to of 23093
 
koan got me going on warrants as well....and i owe him.....made me some good coin..thankful I am.

With MAR.wt you did two things really right.....bought in on a stock you know(low shares and good property) and with the 60 to 1 lev. you only risked a small amount of capital.15 months of time left with the stock needing a 10x to put the warrant at strike means do not let much time erode(before selling for gain or loss) also being a thin trader you do not want to get caught with low time.

My thoughts only for discussion and hope that a few people jump in with theirs.



To: pocotrader who wrote (6783)1/4/2009 10:13:22 PM
From: PaperPerson  Respond to of 23093
 
I would not have considered MAR-wt but now that i look, it is interesting.

i see that on dec. 19 they announced a positive feasibility study on their own 100 percent owned open pit project in ontario.

marathonpgm.com

plus they've got some add-on resources that werent counted in the feasibility study.

together, that could make MAR a buyout candidate in a rising pm market.

Michael


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