Re: NI Price 17.25 US
in response to
by
posted on
Jan 21, 2009 09:26AM
Third largest primary Gold Producer in North America
Thanks all for some interesting insight.
My understanding is that one has 5 years to excercise the warrants by paying $32 for a share of Kinross. The stock would have to be $32 plus the warrant (aprox $5.50 today) = $37.50 to break even. When the heck is that going to happen, not any time too soon I think. Is it worth waiting for? Not sure.
Notie Girl