Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Sunrise Energy Metals Ltd SREMF

Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).


OTCQX:SREMF - Post by User

Bullboard Posts
Comment by marcroberton Nov 24, 2010 10:46am
267 Views
Post# 17750484

RE: RE: RE: RE: RE: Warrants the best deal now!!!

RE: RE: RE: RE: RE: Warrants the best deal now!!!I think he means is warrants are performing better than stock right now. This was not the case when i bought mine at .22, the stock was ahead of the warrants.

Or it could mean, if you can pick up warrants at .3 and you think stock can go to multi dollar, you're saving .about 80 per share so either postponing the purchase cost to exercise time, or allowing you sell the warrants with no need to exercise.

Either way, you can buy 2-3 warrants for the price of a share. Like call options, its a cheaper way to buy more units, although if it was options, you probably wouldn't pay close to 50% of the cost of the equity for 10 month call options when they are slightly in the money.


Here's another question for the Pros.

- How far ahead will warrants start to trade down before expiry and to what extent in the Canadian market (assuming stock has gone up considerably?
Bullboard Posts