Equinox Gold Ord Shs T.EQX

warrants?

[Aurum1983]

Maybe a bunch of warrants are getting excercise at $15 and sold off. Just a thought. No need to panick with current price of gold and Ross Beatty at the helm. Be patient and we will catch up soon.

[Bottomfisher]

Makes no sense at all. you would loose 3.50 per share, cause you can sell the warrants for .70c now. Even if the cost of your warrant is ZERO, why would you buy a share at 15.00 and sell below 15.00 ?

[Kaiser999]

How would you lose 3.50 a share? you could buy the warrant for .70, then buy the share for $15.00.  it would cost $15.70 per share, wouldn't you lose $.60 per share at current price of $15.10. perhaps im missing something 

[Bottomfisher]

you need 5 warrants per share.

[SkyeCairns]

You can still make money on warrants even with negative intrinsic value if you're CAREFUL.

[SkyeCairns]

Cormark's new Price Target is 27 so lets use it for returns for stocks vs warrants. 1.  Invest in stock says $16 rate of return will be 27/16-1 or 68%.  Not bad. 2.  Invest in 5 warrants for cost of 3.50.  You excercise the warrants when price is 27 so your profit will be 27-(15+3.50)=8.50 on an investment of 3.50.  Return will be 8.50/3.50-1=143% You don't really

[Bottomfisher]

Lets assume a share price of 27.00 around warrant expiry date.  As we get closer to that date the warrants will trade closer to their real value, which is 27.00-15.00/5 = 2.40...at a purchase price of 70c, that will be a profit of 290 %.   But warrants can also expire worthles....all we need is covid to kreep into some of the company's operations causing shutdowns and the

[Hans316]

As a bonus in buying and or cashing in the warrants, you get one share of Solaris Resources for every 5 warrants. This company was spun off from Equinox this past Spring and recently listed on the tsx at $1.57 and will surely increase. i purchased 2000 warrants this week and think it is a good deal for those who wait. i actually sold 100 EQX stock to buy them.