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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: Warrants

Does anyone have a modelled estimate for the warrant prices in the new entity? I've seen $3-10, the former would imply that 50k warrants of ECU (becoming 2,500 of the new entity) would be worth $7.5k versus the $25k prior to the merger (50k x $0.50). We'd need a $10 aprice to be flat, that seems optimistic?

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