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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: 15% discount to placement
1
Jan 29, 2009 06:40AM
2
Jan 29, 2009 08:25AM

"...are selling and taking the .05 to .10 loss to get the warrant...."

True. I didn't own any ECU, but if I did I would have looked at replacing ECU shares with the units. It seems like a good opportunity to pick up a not-too-far out of the money five-year warrant at an excellent price.

A few thousand of those warrrants would do nicely sitting around in a TFSA for a few years. Doesn't use up much contribution room, and has excellent upside potential, if the shares break out beyond the $0.95 exercise price.

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