Bullboard - Stock Discussion Forum Solaris Resources Inc T.SLS

Alternate Symbol(s): SLSR

Metals & Mining Industrial Metals & Minerals

Solaris Resources Inc. is a Canada-based multi-asset exploration company that is engaged in advancing a portfolio of copper and gold assets in the Americas. Its Warintza property is a porphyry copper-molybdenum-gold project located in southeastern Ecuador in the province of Morona Santiago. It includes nine metallic mineral concessions covering 26,777 hectares (ha). The Ricardo property is an... see more

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Solaris Resources Inc > Equinox warrants

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Post by MrOptimist on Nov 11, 2020 8:35pm

Equinox warrants

Guys eqx.wt is not pricing in solaris shares. For example, at a warrant price of 0.67. you essentially get a year long call on eqx and free shares of SLS. Assuming $SLS.V trades for >$8 from now until next October, if you spent $1000 on premium, the SLS shares alone would cover ~60% or more of that premium. Keep an eye on those warrants boys because they are looking vulnerable but provide great leverage to 2 great companies!

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Comment by Horsesmouth2U on Nov 12, 2020 12:12pm

Hi MrOptimist: Horse here from EQX. As I type the warrants are trading at a 25% premium. For myself I would take a risk with the warrants around a 8-9% premium. With EQX mine situation and not knowing when that would get solved I wouldn't touch the warrants. I think you are making a big assumption with SLS getting to $8 but if it did the price of the warrants would move up accordingly. Am I ...more

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