Re: WARRANTS LOSE OVER 50% OF THEIR VALUE TODAY.
in response to
by
posted on
Dec 02, 2012 01:20AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
It's interesting, this question on the warrants. My plan is to dump mine before year end for the tax loss. They are hopelessly under the strike price with not all that much time to go, relatively speaking. I must admit I hadn't considered the company offering to extend the warrants, and I can't believe they would do that as it would seem to open them up to litigation from those that sold too soon. Perhaps they can do it, with a shareholder vote, though.
So do you guys think the Board could legitimately extend the time for exercise without shareholder approval?