Warrant Values for Funds, Trusts or Companies holding a basket of stocks for the week of December 5th, 2008
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PDF download of Warrants | Stocks in | 1 Month | ||||||||||||||||||||
Valuing Warrants | Companies with | Market Cap | Canadian | Expiration | Canadian | the money | Canadian | Canadian | Canadian | Historic | Canadian | Fair | ||||||||||
Trading Warrants | Warrant | Date | Warrant | (Intrinsic | Warrant | Leverage | Warrant | Warrant | Warrant | Volatility | Warrant | Warrant | Market | Comments | ||||||||
Symbol | Symbol | Value) | Symbol | Symbol | Price | Symbol | Annualized | Symbol | Price | Value | ||||||||||||
Expiration Date | Aberdeen International Inc | 11,187,998.03 | URB.WT | 11-Jan-09 | PNP.WT | -14.47 | GRE.WT | 988.00 | CIW.WT | 0.005 | CNM.WT | 406.30% | CIW.WT | 0.005 | $1.49 | Bargain | ||||||
The last day the warrants | Global Agribusiness Trust | 13,000,000.00 | FTF.WT | 30-Jan-09 | CMP.WT.B | -11.19 | CIW.WT | 520.00 | GRE.WT | 0.005 | TRT.WT | 286.30% | GRE.WT | 0.005 | $0.85 | Bargain | ||||||
can be exercised. If | Atlas Minerals | 438,540.54 | ECG.WT | 20-Feb-09 | CRP.WT | -10.02 | PME.WT | 432.00 | ASF.WT | 0.005 | FGX.WT | 260.80% | ASF.WT | 0.005 | $0.80 | Bargain | ||||||
warrants aren't being | Ainsworth Lumber | 117,634,489.70 | MLY.WT | 16-Apr-09 | ASF.WT | -9.91 | ASF.WT | 418.00 | CBK.WT | 0.005 | FGX.WT | 260.80% | EPD.WT | 0.01 | $0.83 | Bargain | ||||||
exercised then they | Brompton Adv Oil & Gas Inc Fund | 37,234,489.02 | FIT.WT | 29-Apr-09 | PME.WT | -9.84 | FIT.WT | 350.00 | FIT.WT | 0.005 | CIW.WT | 254.10% | CIW.WT.A | 0.03 | $2.21 | Bargain | ||||||
must be sold the day | Acuity Small Cap | 8,400,000.00 | AOG-WT | 27-May-09 | DPF.WT | -9.49 | DPF.WT | 301.00 | CBB.WT | 0.005 | CIW.WT.A | 254.10% | XHM.WT | 0.05 | $3.60 | Bargain | ||||||
before the expiry date. | Brompton Adv VIP Inc Fund | 124,430,418.81 | AV-WT | 27-May-09 | GUR.WT | -9.10 | EPD.WT | 300.00 | TRT.WT | 0.005 | GBP.WT.A | 213.00% | RF.WT | 0.1 | $6.71 | Bargain | ||||||
The longer the time to | Avnel Gold Mining | 1,799,708.85 | OGF.WT | 27-May-09 | CBB.WT | -8.91 | CPM.WT | 250.00 | PME.WT | 0.005 | GBP.WT | 213.00% | DPF.WT | 0.01 | $0.57 | Bargain | ||||||
expiry the more | Banro Corp | 50,968,108.62 | VIP.WT | 27-May-09 | CMP.WT.A | -8.19 | CBK.WT | 220.00 | ECG.WT | 0.005 | CBK.WT | 208.00% | FTF.WT | 0.02 | $1.07 | Bargain | ||||||
valuable the warrants. | Baja Mining Corp | 30,043,510.77 | CPM.WT | 29-May-09 | FRE.WT | -8.00 | CBB.WT | 218.00 | MLY.WT | 0.005 | CBK.WT.A | 208.00% | CBK.WT | 0.005 | $0.27 | Bargain | ||||||
Bear Creek Mining | 44,365,618.40 | CBK.WT | 30-Jun-09 | ECG.WT | -7.35 | FTF.WT | 200.00 | EPD.WT | 0.01 | ECG.WT | 196.90% | GBP.WT.A | 0.02 | $1.05 | Bargain | |||||||
Leverage | Baffinland Iron Mns Corp | 19,239,941.89 | PME.WT | 30-Jun-09 | EPD.WT | -7.00 | FTF.WT | 200.00 | DPF.WT | 0.01 | FIT.WT | 195.80% | FIT.WT | 0.005 | $0.26 | Bargain | ||||||
The leverage of a warrant | Bioniche Life Sciences Inc | 25,091,697.16 | URB.WT.A | 12-Jul-09 | OCF.WT | -6.73 | GFT.WT | 188.50 | CPM.WT | 0.01 | FIT.WT.A | 195.80% | CBK.WT.A | 0.02 | $0.69 | Bargain | ||||||
is a measure of how much | Bankers Petroleum | 115,050,626.85 | GBP.WT | 31-Jul-09 | HAY.WT | -6.69 | RF.WT | 175.00 | URB.WT.A | 0.01 | XHM.WT | 194.70% | CBB.WT | 0.005 | $0.16 | Bargain | ||||||
you can increase your | Blue Sky Uranium | 647,605.00 | CIW.WT | 31-Aug-09 | MLY.WT | -6.65 | MLY.WT | 170.00 | CNM.WT | 0.01 | ASF.WT | 188.10% | CPM.WT | 0.01 | $0.27 | Bargain | ||||||
exposure to a share if | Breakwater Resources | 33,488,062.80 | XHM.WT | 30-Oct-09 | AGB.WT | -6.26 | URB.WT.A | 132.00 | URB.WT | 0.01 | HAY.WT | 153.90% | FIT.WT.A | 0.045 | $0.99 | Bargain | ||||||
you bought warrants | Calstar Oil & Gas Ltd | 46,581,495.45 | FGX.WT | 30-Oct-09 | RF.WT | -6.25 | URB.WT | 132.00 | AAB.WT | 0.015 | PNP.WT.A | 145.00% | GFT.WT | 0.02 | $0.44 | Bargain | ||||||
instead of making a | Copernican British Banks Fund | 7,700,000.00 | GRE.WT | 31-Oct-09 | FTF.WT | -6.25 | XHM.WT | 127.00 | FTF.WT | 0.02 | PNP.WT | 145.00% | FGX.WT | 0.23 | $4.71 | Bargain | ||||||
direct investment. It is | Coalcorp Mining | 5,190,211.47 | FRE.WT | 09-Nov-09 | FTF.WT | -6.25 | FRE.WT | 100.00 | GBP.WT.A | 0.02 | PNP.WT.B | 145.00% | CPM.WT.A | 0.05 | $1.00 | Bargain | ||||||
calculated dividing the | Caspian Energy | 204,512,794.08 | UF.WT | 15-Dec-09 | PNP.WT.A | -5.97 | CIW.WT.A | 86.67 | CBK.WT.A | 0.02 | CPM.WT | 141.60% | GBP.WT | 0.03 | $0.52 | Bargain | ||||||
current share price by | Challenger Energy Corp | 120,682,607.07 | ASF.WT | 15-Jan-10 | UF.WT | -5.80 | GBP.WT.A | 75.50 | GFT.WT | 0.02 | CPM.WT.A | 141.60% | FGX.WT | 0.23 | $3.97 | Bargain | ||||||
the current price of the | Chesapeake Gold | 6,117,131.37 | HAY.WT | 26-Feb-10 | COX.WT | -5.54 | ECG.WT | 66.00 | FTF.WT | 0.02 | CBB.WT | 127.20% | FRE.WT | 0.03 | $0.46 | Bargain | ||||||
warrant. | C M P Gold Trust | 14,136,690.00 | FIT.WT.A | 30-Apr-10 | FIT.WT.A | -5.50 | CBK.WT.A | 55.00 | CIW.WT.A | 0.03 | AAB.WT | 125.60% | URB.WT.A | 0.01 | $0.13 | Bargain | ||||||
Creston Moly | 9,076,361.03 | FGX.WT | 31-May-10 | FIT.WT | -5.40 | GBP.WT | 50.33 | GBP.WT | 0.03 | FRE.WT | 123.70% | CRP.WT | 0.08 | $1.01 | Bargain | |||||||
Intrinsic Value | Canadian Income Mgmt Tr | 441,315.72 | CPM.WT.A | 31-May-10 | GRE.WT | -5.31 | CPM.WT.A | 50.00 | FRE.WT | 0.03 | URB.WT.A | 119.20% | AGB.WT | 0.09 | $1.07 | Bargain | ||||||
The difference between | Coxe Commodity Strategy Fund | 150,937,500.00 | CBB.WT | 14-Jun-10 | CPM.WT.A | -5.25 | OGE.WT | 46.75 | GUR.WT | 0.035 | URB.WT | 119.20% | HAY.WT | 0.12 | $1.31 | Bargain | ||||||
the exercise price and | Copernican Int'l Premium Dividend Fund | 18,161,000.00 | CBK.WT.A | 30-Jun-10 | CPM.WT | -5.15 | CRP.WT | 43.50 | FIT.WT.A | 0.045 | UF.WT | 114.50% | CNM.WT | 0.01 | $0.09 | Bargain | ||||||
the actual trading price | Claude Resources | 25,734,687.95 | GUR.WT | 30-Jun-10 | CIW.WT.A | -5.05 | AGB.WT | 41.56 | XHM.WT | 0.05 | GUR.WT | 110.50% | COX.WT | 0.355 | $1.98 | Bargain | ||||||
of the common stock. | Ceres Global Ag Corp | 41,259,456.00 | GFT.WT | 05-Jul-10 | CIW.WT | -4.97 | FIT.WT.A | 38.89 | CPM.WT.A | 0.05 | CRP.WT | 108.70% | PNP.WT.A | 0.06 | $0.32 | Bargain | ||||||
Once the common has | Colossus Minerals | 21,139,694.00 | FTF.WT | 30-Jul-10 | GBP.WT.A | -4.54 | GUR.WT | 32.86 | PNP.WT | 0.05 | EPD.WT | 103.90% | TRT.WT | 0.005 | $0.03 | Bargain | ||||||
gone over the exercise | Central Sun Mining | 9,503,668.30 | GBP.WT.A | 31-Jul-10 | FGX.WT | -4.51 | HAY.WT | 27.58 | PNP.WT.A | 0.06 | DPF.WT | 103.00% | OGE.WT | 0.2 | $1.00 | Bargain | ||||||
price the warrants are | Copper Mountain | 11,692,432.82 | OCF.WT | 31-Jul-10 | FGX.WT | -4.51 | FGX.WT | 23.87 | CRP.WT | 0.08 | MLY.WT | 101.60% | PNP.WT | 0.05 | $0.22 | Bargain | ||||||
said to be 'in the money'. | Copper Mesa Mining | 3,593,560.46 | DPF.WT | 13-Aug-10 | GBP.WT | -4.44 | FGX.WT | 23.87 | AGB.WT | 0.09 | PME.WT | 101.40% | AAB.WT | 0.015 | $0.06 | Bargain | ||||||
Crosshair Exploration & Mining Corp | 9,461,582.50 | CIW.WT.A | 31-Aug-10 | GFT.WT | -4.43 | CMP.WT.A | 23.09 | RF.WT | 0.1 | FTF.WT | 100.30% | PNP.WT.B | 0.1 | $0.40 | Bargain | |||||||
Volatility | Davie Yards | 11,841,389.00 | TRT.WT | 10-Oct-10 | CBK.WT.A | -4.35 | COX.WT | 16.08 | PNP.WT.B | 0.1 | FTF.WT | 100.30% | PME.WT | 0.005 | $0.02 | Bargain | ||||||
The higher the volatility | Dioro Exploration | 13,737,061.50 | EPD.WT | 12-Nov-10 | CBK.WT | -4.25 | TCP.WT | 14.98 | HAY.WT | 0.12 | GRE.WT | 98.80% | TCP.WT | 0.6 | $1.96 | Bargain | ||||||
rating the higher the price | Denison Mines | 136,812,625.20 | AGB.WT | 30-Nov-10 | XHM.WT | -4.00 | PNP.WT | 10.60 | CMP.WT.A | 0.165 | AOG-WT | 95.80% | GUR.WT | 0.035 | $0.11 | Bargain | ||||||
of the warrant will be. | Dynamite Resources | 3,973,725.00 | CRP.WT | 21-Dec-10 | PNP.WT.B | -2.97 | CNM.WT | 9.00 | OGE.WT | 0.2 | AGB.WT | 95.50% | CMP.WT.A | 0.165 | $0.49 | Bargain | ||||||
A measure of actual | DPF India Opportunities Fund | 64,227,800.00 | OGE.WT | 31-Dec-10 | OGE.WT | -2.65 | PNP.WT.A | 8.83 | FGX.WT | 0.23 | OGF.WT | 91.70% | ECG.WT | 0.005 | $0.01 | Bargain | ||||||
stock price changes over | Dundee Precious Metals | 96,076,033.90 | CMP.WT.A | 25-Jan-11 | CNM.WT | -2.51 | AAB.WT | 8.33 | FGX.WT | 0.23 | COX.WT | 82.70% | UF.WT | 0.3 | $0.32 | Fair Market Value | ||||||
a specific period of time. | Envoy Capital Group Inc | 16,733,508.55 | TCP.WT | 28-Feb-11 | URB.WT.A | -2.43 | UF.WT | 7.33 | UF.WT | 0.3 | CMP.WT.A | 70.00% | FTF.WT | 0.02 | $0.01 | Overvalued | ||||||
Historical volatility is | Etruscan Resources | 31,596,022.38 | COX.WT | 31-May-11 | URB.WT | -2.43 | OCF.WT | 6.40 | COX.WT | 0.355 | CMP.WT.B | 70.00% | OCF.WT | 0.55 | $0.19 | Overvalued | ||||||
calculated by using the | EarthFirst | 3,615,633.63 | RF.WT | 30-Sep-11 | TCP.WT | -1.26 | TRT.WT | 6.00 | OCF.WT | 0.55 | RF.WT | 67.50% | URB.WT | 0.01 | $0.00 | Overvalued | ||||||
standard deviation of an | Eastern Platinum Limited | 166,640,815.78 | CNM.WT | 28-Feb-12 | AAB.WT | -0.88 | PNP.WT.B | 5.30 | TCP.WT | 0.6 | AV-WT | 65.90% | MLY.WT | 0.005 | $0.00 | Overvalued | ||||||
underlying stock price. | European Premium Dividend | 8,656,790.00 | PNP.WT | 16-Apr-12 | TRT.WT | -0.21 | AOG-WT | nt | AOG-WT | nt | GFT.WT | 63.70% | AOG-WT | nt | $0.97 | Not Trading | ||||||
Erdene Gold | 13,384,631.55 | AAB.WT | 06-Jun-12 | VIP.WT | -0.07 | AV-WT | nt | AV-WT | nt | OCF.WT | 59.00% | AV-WT | nt | $1.43 | Not Trading | |||||||
In the Money | Fortress Energy Inc | 8,106,086.40 | PNP.WT.A | 23-Oct-12 | AOG-WT | -0.04 | CMP.WT.B | nt | CMP.WT.B | nt | VIP.WT | 48.80% | CMP.WT.B | nt | $0.98 | Not Trading | ||||||
When the price of the | Faircourt Gold Income | 12,105,360.00 | CMP.WT.B | 25-Jan-13 | AV-WT | 0.02 | OGF.WT | nt | OGF.WT | nt | TCP.WT | 38.30% | OGF.WT | nt | $1.06 | Not Trading | ||||||
common is higher than | Int'l Fin. Income and Growth Trust | 2,237,767.68 | PNP.WT.B | 11-Jul-13 | OGF.WT | 0.15 | VIP.WT | nt | VIP.WT | nt | OGE.WT | 28.30% | VIP.WT | nt | $0.95 | Not Trading | ||||||
the exercise price | Franco-Nevada | 1,566,686,000.00 | ||||||||||||||||||||
First Majestic Silver Corp | 95,179,308.90 | |||||||||||||||||||||
At the Money | Front Street Resource Perf. Fund | 46,648,759.10 | ||||||||||||||||||||
When the price of the | Fortune Minerals | 23,296,048.69 | ||||||||||||||||||||
underlying is equivalent | Focused Global Trends Fund | 18,540,157.44 | ||||||||||||||||||||
or close to the strike price. | Fralex Therapeutics Inc | 421,647.94 | ||||||||||||||||||||
Goldcorp | 19,842,541,598.20 | |||||||||||||||||||||
Exercise ratio | Great Basin | 207,421,193.54 | ||||||||||||||||||||
The number of warrants | Global Banks Premium Income Trust | 6,120,901.58 | ||||||||||||||||||||
related to one share and | Distinction Group | 45,638,955.00 | ||||||||||||||||||||
specifies the amount of | Connor Clark & Lunn Global Financials Fund II | 55,986,919.30 | ||||||||||||||||||||
underlying that the owner | Gold Wheaton | 214,847,983.64 | ||||||||||||||||||||
of a single warrant is | Geovic Mining Corp | 64,828,692.18 | ||||||||||||||||||||
entitled to buy. | Golden Predator | 16,761,296.85 | ||||||||||||||||||||
Gold Point Energy Corp | 1,570,252.78 | |||||||||||||||||||||
Time Value | Sentry Select Global Real Estate | 15,102,720.00 | ||||||||||||||||||||
The time value is the | Global Uranium | 7,941,564.00 | ||||||||||||||||||||
difference between the | Stone Agribusiness | 15,092,388.50 | ||||||||||||||||||||
current warrant price | Hudbay | 226,187,905.65 | ||||||||||||||||||||
and its intrinsic value. | High Desert Gold Corp | 9,720,000.00 | ||||||||||||||||||||
The time value is to be | High River Gold Mines | 26,171,938.43 | ||||||||||||||||||||
interpreted as the | I C S Copper Systems Ltd | 742,846.73 | ||||||||||||||||||||
consideration paid for | Ivanhoe Energy | 114,619,731.39 | ||||||||||||||||||||
the advantage that the | I M A Exploration | 15,118,298.56 | ||||||||||||||||||||
warrant buyer has over | International Nickel | 8,101,651.20 | ||||||||||||||||||||
the direct investor. It | Ivory Energy | 3,337,887.14 | ||||||||||||||||||||
is greatest when the | Kinross | 10,623,039,745.78 | ||||||||||||||||||||
warrants are 'at the money' | Katanga Mining | 109,337,125.39 | ||||||||||||||||||||
but decreases as the | Labrador Iron Mines | 24,831,100.70 | ||||||||||||||||||||
exercise date draws closer. | Added Capital | 8,373,238.12 | ||||||||||||||||||||
The decreased value is | Marathon PGM | 7,702,552.44 | ||||||||||||||||||||
called time decay and | Melco China Resorts (Holding) Ltd. | 3,497,573.76 | ||||||||||||||||||||
decreases at a faster | M D N Inc | 54,064,972.80 | ||||||||||||||||||||
pace as the expiry date | Metrobridge Networks | 1,835,165.92 | ||||||||||||||||||||
draws closer. | Mega Uranium | 127,334,577.76 | ||||||||||||||||||||
Mines Management | 26,158,153.00 | |||||||||||||||||||||
Mercator Minerals Ltd | 28,051,000.13 | |||||||||||||||||||||
Sprott Molybdenum Part. Corp. | 34,256,000.24 | |||||||||||||||||||||
Markland AGF Precious Metals... | 11,410,300.00 | |||||||||||||||||||||
Metanor Resources | 23,861,400.23 | |||||||||||||||||||||
Metallic Ventures Gold | 13,777,746.18 | |||||||||||||||||||||
New Gold Inc. | 220,351,047.28 | |||||||||||||||||||||
Oilsands Canada Corp | 13,683,761.00 | |||||||||||||||||||||
Oroco Resource Corp | 1,379,676.05 | |||||||||||||||||||||
O'Leary Global Equity Income | 31,110,000.00 | |||||||||||||||||||||
Brompton Oil & Gas Inc Fund | 70,753,767.50 | |||||||||||||||||||||
Osisko Exploration | 356,173,824.60 | |||||||||||||||||||||
Orsu Metals | 43,387,376.57 | |||||||||||||||||||||
Olympus Pacific Minerals Inc | 10,457,679.65 | |||||||||||||||||||||
RailPower | 13,721,343.60 | |||||||||||||||||||||
Palo Duro Energy | 1,583,968.44 |