Welcome To The Golden Minerals HUB On AGORACOM

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

Free
Message: hui looks like...

It seems there is less shenanigans going on (shorting, suppression, etc) with the warrants than with the ECU common shares. Maybe the hedgies and the elephants aren't allowed to play with warrants.

The warrants are now B $0.31 A $0.32, last at $0.30. The warrants, to me, are a bigger no- brainer than the common shares, with better leverage than the common shares.

If there is a 10 bagger in the common shares, going from $0.65 to $6.50 (why not?) then the warrants would be worth $5.55 ($6.50 - $0.95) without any market premium. Using my mental spreadsheet (!), that is an 18 bagger, much better than the common's 10 bagger.

And the warrants don't expire till 2014. Now if the shares aren't worth over $10 by then, then I guess I will die poor. What am I missing here?

lb

Share
New Message
Please login to post a reply