High River Gold Mines Ltd HRIVF

re: warrants

[drichard53]

"..The warrant indenture provides for appropriate adjustments to thewarrants in the event of stock dividends, subdivisions, consolidations andother forms of capital reorganization...."

https://www.canadianwarrants.com/company/HRG.html

[prouditalian]

warrants are worthless completely. Dumb trade. 4 dollar strike.

[1marketmaker]

I disagree.  Many times warrants are re-priced just on their own.  Furthermore, as shown below, any transaction would re-price the warrants into a new entity...so they have risk...but upside.  You do not need to play them, but I like them.

[indy946]

 Maybe our russian friends will lower the strike price to 68c ot lower. Even then it would be still worthless.

[1marketmaker]

Good one!  If the strike was 68 cents, the warrant would be worth that or more.  You do not know how a warrant works in a situation where the stock price is 4 times cheaper than it should be.