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)

Free
Message: Okay bid is now .80 for warrants
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Exactly my point. I think I have a pretty good handle on warrants, and their value in varying situations. Paying a dime for a 4 dollar warrant does have a certain logic to it, but paying 80 cents does not, in any situation. Even if we saw a 6 dollar buyout in the next couple of months, it would still be only a marginal investment. Also considering the number of warrants involved, there is even less logic.

K

7 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply