AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

Message: The new warrants ~ PDL-WTA on the Toronto

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

paperperson

Rank: [?]

Vice President

Points: [?]

1362

Rating: [?]

Votes: 50 Score: 3.7

Currently 3.7/5 Stars.

Your Vote:

Please Log In to Vote

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.

The new warrants ~ PDL-WTA on the Toronto

posted on Oct 18, 09 10:54PM

Re North American Palladium, those interested may wish to consider the newly issued warrant, available on the Toronto Stock Exchange, called PDL-WTA.

PDL is the same stock as the U.S. Amex stock PAL. It is dual traded on the amex and the toronto. The warrants are only traded on the toronto at present.

PDL management told me they have no plans to list this warrant on the Amex.

Each warrant entitles the owner to purchase a share of PDL at a strike price of c$4.25 per share until Sept. 30, 2011. PDL is currently selling for around c$3.00, so the warrrants have no intrinsic value, only speculative value, like an out-of-the-money call option.

The cusip on the new "A" warrants is 6569121128.

Once the shares close at a 20-day average of c$5.75, the company can accelerate the expiration date.

If you are stateside and wish to buy, make sure they are not selling you the OLD PAL warrant which is on the amex and trades for seven to 11 cents. that one expires in december of this year and is likely to expire worthless.

You want the "A" warrant, which has traded in price from c40 cents to c63 cents and is currently c60 cents.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »