Excelsior Mining Ord Shs T.MIN

Are warrants fairly priced?

[CuJunior]

Warrants are .23 and the stock is .92   ---   Does anyone have thoughts on what they think the warrants are worth?

I think the price of .23 might be ok if the stock price was at least $1, but when it is only .92, the warrants look a little pricey.

[shahabstarship]

As I have said before, the action is on the warrants. it does look like the participants in pp have sold majority of their shares and are tightly holding their warrants, hence the upward trajectory for the warrants pries. 0.23 looks okish, which basically assumes ~$1.5 stock price in less than 18 months to break even, and about $1.75 to double. $1.75 is almost double the current share price as

[Whampoa]

I don't mean to be unfriendly but please consider. For any equity, great share price advance is characterized by "strong" shareholders, holding strong.  Not group of people day trading nickles. Within this subject's context, warrant holders need big common share advancement to become profitable as you wrote; and the risk holding the warrants is time decay. Selling off

[metalhead666]

They cash out, get a free bet and you're all bagholders.  How about those Febuary copper saies eh? Oh wait...there aren't any?

[shahabstarship]

You don't need all those 30M shares to be in diamond hands but selling pressure for a while is unavoidable. I would say it is ripe for repricing higher with any catalyst. It's a very good bet right now. I also has said on the night of financing that I don't think it will break 90 cents, which has been the case.

[fishmillion]

Pricey.... im kinda lazy tho. . What are the terms?