Re: Warrants are doomed to expire absolutely worthless.

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Zipper

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Re: Warrants are doomed to expire absolutely worthless.

in response to

Warrants are doomed to expire absolutely worthless.

Operations1

posted on Dec 03, 2012 03:50PM

Operations this is the 2nd time today you have told people to sell all their warrants?

When I look at the TMX no on has taken your advice. You have as much right to tell people to sell as I do to buy. The problem is that your advice is bad for exisiting shareholders and warrantholders - this is supposed to be the pro-AUM place.

I have no idea what to do - but from $6.00 to $0.29 constitutes a total loss already.

I have to double down here, but I'm out of cash.

I just can't understand how everything can be soooo bad for sooo long. What happened to all these suppression scandels that were supposed to break? What happened to Basel 3 making gold Tier one asset. What happened to the Chinese Yuan being a component of the US dollar index in 2012? What happened to Golden Minerals buying our ECU, have a big stash of cash and the share price collapsing? I could go on and on.

If AUM waits until the 2014 to extend the warrants they really will be worth nothing. Bought up by the investment bankers who then laugh all the way to the bank.