SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?


To: onepath who wrote (14143)6/23/2010 10:27:46 PM
From: PaperPerson  Read Replies (1) | Respond to of 23091
 
GLW-WT: my idea there was to find a warrant that is being given away on a gold play that is not floating in shares outstanding, has a little class, has a chance of doubling, tripling, quadrupling from the current level. and has some time on it so all that can happen and leave me some breathing room.

curre4nt price is 18 cents canadian.

i really can see an EASY short term 50-90 percent here. Long term i can see a moonshot. so i buy twice as much as i should and sell half on the quick percentage move this fall.

the moonshot of course is if in two years, with a year left on the warrant, gold wheaton has gotten its s...together and is worth 15 buckeroos. the stock would have moved 500 percent. the warrants, envelope please, would have a return on investment of 2,500 percent. intrinsic value 5.00.