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

To: freelyhovering who wrote (20845)	8/22/2011 2:40:54 AM
From: koan	Read Replies (1) \| Respond to of 23100

Yes, but kidding about the B's. Sort of. We will need to play it by ear and watch the market. No way to really plan given how fast gold is rising. In 1987 my .30 pegasus wts (5 for 1) went from .30 to $5.25 in about 90 days. Stock went from about $10 to $35. Strike was $14.57. 1980 was many times more powerful and this move in gold may dwarf 11980, so hard to judge now. The NGD B's seem a similar story and conditions seem similar. A $35 dollar NGD would make the B's worth about $2 each. I think one should own B's now and then switch to A's some time down the line. If we get to $35 NGD the A's and B's will be worth about the same. Slight premium for A's.