I think that before I trade my warrants, I would like to have an idea on where the share price is likely to settle out at, now that the mill is making us money.

As we all know, the jpm's were massacred last year, and if they ever arise like the phoenix, and the price of gold and silver "go through the roof", "explode", etc, and take the jpm's with them, then where is the price of our little (now) producer going to be?

I am one of those who swapped my shares (all of them) for warrants when the exchange ratio was pretty good. Now, I would hate to be trying to trade the warrants when I don't know if we are climbing 4 steps, or 7 storeys.

I would be happy with the warrants at $3 before years end, but I don't know if that is realistic.

Any more opinions?