Focused on leadership in the Americas
Lowest-cost, fastest growing senior gold producer.
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

Supreme Discusses Progress of 342K sqf. Medical Marijuana Production Facility

WATCH INTERVIEW NOW!

  • Significant progress made at its 342,000 square foot greenhouse facility located in Kincardine, Ontario
  • Moving quickly to implement its proposed plan to produce up to 24,000,000 grams of medical marijuana
  • Recently completed $1.7M financing
  • Received conditional pre-approval letter from Health Canada

Hub On AGORACOM / Corporate Profile / Watch Interview!

Message: GOLDCORP WARRANTS EXPIRING JUNE 9, 2011 TO BESUSPENDED FROM TRADING

Dear_god
Rank: [?]
Vice President
Points: [?]
833
Rating: [?]
Votes: 42 Score: 3.0
  • Currently 3.1/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Understanding the effect of: GOLDCORP WARRANTS EXPIRING JUNE 9, 2011

posted on Jun 09, 11 11:36AM

Pardon my ignorance but, while i know what warrants are basicly about, i dont know whether the warrants' trading action, or their terms, can have the effect of pushing the stock's price to the same level as the exercise price of the warrants.

Is this what happened today - Goldcorp's SP over the last couple of days has gotten pushed to about $45.77 - within 2 cents of the exercise price. This is why i'm thinking that the warrants terms had that effect on the stock's SP. Or is that something just coincidental? Otherwise, i know of no reason for G's SP to just drop down to there all of sudden since the news on the warrants was released.

Thanks for your help, anyone, in spreading some understanding about how this works and what's going on here.

New Message

Please login to post a reply

AGORACOM Quick Tips

Looking for a New Junior Zinc Explorer? ... Learn More!

President's D.D.

New feature: Hub Presidents can add important links here.

Stock Quote

Hub Leaders