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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: Volume / Shorts...DCFM
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Jan 11, 2010 11:30PM
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Jan 12, 2010 05:42AM

Here is my brokers view on warrants, so there are many different opinions out there i'm sure.

I disagree, warrants “sweeten” an offer and in many cases, it helps to raise the capital needed to drill/explore etc. Its also a way for a company to raise more funds without having to file another prospectus or offering document.

Note: a short sale is one in which you have no shares to cover (IE. via a convert debenture, options, rights warrants etc) if you own warrants and want to sell the stock, that is not considered a short sale, as you do not need to borrow stock to cover settlement – you simply exercise the warrants, which covers settlement.

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