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


To: LoneClone who wrote (22915)8/7/2024 11:36:49 PM
From: onepath3 Recommendations

Recommended By
bctrooper
LoneClone
vitalremains

  Read Replies (1) | Respond to of 23102
 
Just to update the IAU.wt using the crushed price of 1.12 for IAU and time reduced by 104 days i come up with a value of .26c

I sold most of my IAU to buy the warrants . I bought 2 wts to replace each share which reduced my $ amount in IAU by approx 50% but increased my leverage substantially. This reduced my losses as the wts where undervalued and held up better then the stock price….that is until today!!!

Being that there is still 45 months of time left that is a saving grace but on the downer side we now need a stock double just to get to strike price…….i am real cautious of wts when they get this far out of the money so now plan initially to sell half my wts and rebuy shares…..

Never would i have thought with gold prices this high and gold outlook positive that IAU would be at this low of a share price.