RE: RE: Whats the status... They are actually 5 year warrants expiring Oct 8th, 2014. But yes, I agree they are a better leveraged investment.
The charts are looking pretty dismal at the moment, but I consider it a good buying opportunity. The main factors I find make this a great play are:
-Endeavour Financial backing (Frank Giustra)
-Managements (Pacific boys and others)
I think the dropping price is due to profit taking from some of the guys that got in on the 25 cent PP with a full warrant.
Anyone know what kind of numbers they are hoping for at the Balay-1 well?
hockeylad33