Re: Warrants

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zibo

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Re: Warrants

in response to

Re: Comment from Range

by

mineralfan

posted on May 16, 2012 02:19PM

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I don't know if anybody has been looking at the warrants instead of the stock but here's a comparision.

10K HRN shares @ 1.65 = 16,500K

16,500K worth of warrants @ .70 = 23,500 warrants

If SP goes to 10.00

10K shares @ 10.00 = 100K

23,500 Warrants (10.00 - 1.50) @ 8.50 = 199,750K

For the same investment you will double your return with the warrants, and the warrants are 1.50 good untill Sept 2013 so they are good for the second Shabeel, - N well and others probably.

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Re: Warrants