Re: On another note -trading of warrants (Sag)

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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hgs225

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Re: On another note -trading of warrants (Sag)

in response to

Re: On another note -trading of warrants (Sag)

jacki79

posted on Jul 22, 2010 09:20PM

"Let's say that next year sometime NOT shareprice is $3.50. Well, in that case, you know that 4 years from now, NOT will be selling way above $4. so you will be willing to pay a certain amount to be able to purchase these warrants entitling you to buy NOT at $4.00 a share, at the time it is selling far above that."

the only time I will know NOT will be selling way above $4., is when NOT trades above $4. - not sooner.

at 4cents a warrant, I need a price of $4.05 to be in the money - even if only 1cent and probably a lenghty wait. how much can anyone make right now, selling these for a few pennies after you pay the brokerage fees? it may be a losing proposition for the next little while.