hummmmm,,,,,perhaps the most important point here on the warrants is that they are good for almost 4 years now,,,,,whats not to like if you hold the opinion that the RVX share price will be higher at some point between now and at that point than the $2.05 plus the price you paid for the warrant............they were .30 at one point,,,,,if one thinks we will get to $10 in four years that .30 is very inviting,,so is $1 or $2 or even $3..........its as you say leverage!,,who ever bought at .30 has ruffly 300% on his investment at this point,,if he bought the shares they would have more $$ at risk in the market and would have probably only gained 50% in share price to Fridays closing price.

If we do get to $8 I will assume most warrants will get exercised. Cuz the multiple gain/leverage would be non existant at that point and pricing movements between warrant and share price would be in tandem. The company gets the cash and the exerciser gets the winnigs. jmo