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Bullboard - Stock Discussion Forum Sulliden Gold Corporation Ltd T.SUE.WT

TSX:SUE.WT - Post Discussion

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Post by kmilne on Nov 25, 2010 2:32pm

Warrants

The warrants are underpriced at a cent under intrinsic value and no value for time.......seems a little odd. They should be closer to 0.80.
Comment by SirThanksalot on Dec 07, 2010 6:47am
Warrants still at just intrinsic value - may be due to rapid rise in the shares and perception of correction keeping warrant buyers timid??...and since warrants now move lockstep with shares, may just buy shares to avoid time erosion.
Comment by apmbk on Dec 07, 2010 8:54am
From the April 30, 2010 news release:"...one common share purchase warrant, with each whole warrant entitling the holder thereof to acquire one common share of the Corporation at a price of $1.00 until 5:00 p.m. (Toronto time) on October 6, 2012 (subject to earlier expiry in accordance with their terms)."I believe that if the share price stays above $1.50 for a set number of days, then ...more  
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