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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Triffin who wrote (891)5/26/1998 11:04:00 PM
From: SC Anderson  Respond to of 4142
 
Hmmm... let's see. Do I spend $5000 to exercise my warrants, or do I spend $5000 and buy 10,000 +/- more warrants (and hold them)? <GGG>
Buying the warrants is the equivalent of buying the commons at a discount, plus you don't have to pay for it all up front. It's like getting a great deal on a new car AND the dealer tells you you can pay the balance whenever you like.

Steve