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Message: Kinross, the warrants, and hgu

Kinross, the warrants, and hgu

posted on Dec 08, 2008 09:22PM

I've been watching the Kinross shares, the warrants, and the horizon's beta pro gold bull (2x the rise or fall of S&p gold index)..ON UP DAYS.the HGU seems to outperform the Kinross shares 90% of the time,and the warrants 75% of the time...HGU seems to also gain about 25% more than the Kinross shares on up days,but much less against the warrants...obviously,on down days,the opposite is true...but this also shows the good recent performance of kinross considering the HGU doubles the perf of the index...in short,if i like gold,I still prefer HGU and the K warrants(even though buy/sell spreads are very wide at times)...anyone have any thoughts on this?

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Dec 11, 2008 03:20PM
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