RE: Warrants?That was a good post shortUSA. I think though that when YNG shares cross $3.00 a share prior to the end of this year the warrants will go crazy. Five or Six dollars. The leverage is tremendous and levers up exponentially when the move begins. But I also agree that the holders are going to just keep holding their pile of warrants for a bigger payday down the road. They are not penny kind of players. They paid $1.80 to reach $18.00 on the SP and to clear $15.00 on the two warrants.
On Ketza I get the sense they are getting close to a positive production announcement. The reserves/resources are pretty solid for a long mine life and the picture is emerging that the Shamrock can feed it for a long time. The Yukon isgoing to be exciting for YNG shareholders.
The second Q will be interesting too. Looking forward.