I don't quite have that many warrants Gildage and I own many times more shares than warrants. It looks like someone was pressing on AUM (AUMN) today and ECU followed right along on a ratio basis. I heard that someone (a warrant valuation group) had recommended the warrants a days few days ago as very good value and this probably accounted for the uptick in warrant price that we saw, obviously this got reversed today as AUM sold off.

I'm not paying any attention to this price action at the moment and await the merger but for those looking for good value that don't have a position in ECU/AUM or who don't own enough, this is very good value right now.