Warrant Values for Funds, Trusts or Companies holding a basket of stocks for the week of March 13th, 2009
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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 | 19,324,723.87 | MLY.WT | 16-Apr-09 | TCP.WT | 0.45 | RIT-WT.TO | 1210 | RIT-WT.TO | 0.005 | CNM.WT | 581.1% | GFT.WT | 0.01 | $0.90 | Bargain | ||||||
The last day the warrants | Global Agribusiness Trust | 13,600,000.00 | FIT.WT | 29-Apr-09 | TRT.WT | -0.22 | GRE.WT | 1000 | GRE.WT | 0.005 | CBB.WT | 333.2% | RIT-WT.TO | 0.005 | $0.44 | Bargain | ||||||
can be exercised. If | Atlas Minerals | 730,900.90 | VIP.WT | 27-May-09 | EWP-WT.TO | -0.4 | PME.WT | 760 | CBB.WT | 0.005 | TRT.WT | 279.9% | GRE.WT | 0.005 | $0.41 | Bargain | ||||||
warrants aren't being | Ainsworth Lumber | 72,390,455.20 | AOG-WT | 27-May-09 | AAB.WT | -0.78 | CPM.WT | 540 | CBK.WT | 0.005 | CBK.WT.A | 165.0% | CBB.WT | 0.005 | $0.36 | Bargain | ||||||
exercised then they | Brompton Adv Oil & Gas Inc Fund | 35,385,093.87 | OGF.WT | 27-May-09 | FFI.WT | -0.81 | CIW.WT | 506 | TRT.WT | 0.005 | CBK.WT | 165.0% | RF.WT | 0.06 | $3.24 | Bargain | ||||||
must be sold the day | Acuity Small Cap | 10,164,000.00 | AV-WT | 27-May-09 | OGF.WT | -0.82 | VIP.WT | 387.33 | CIW.WT | 0.005 | MPM.WT | 135.0% | CBK.WT.A | 0.01 | $0.49 | Bargain | ||||||
before the expiry date. | Brompton Adv VIP Inc Fund | 119,951,702.64 | CPM.WT | 29-May-09 | EDV.WT.A | -0.86 | GFT.WT | 385 | URB.WT.A | 0.005 | CRP.WT | 133.9% | EPD.WT | 0.01 | $0.28 | Bargain | ||||||
The longer the time to | Avnel Gold Mining | 3,599,417.70 | CBK.WT | 30-Jun-09 | FAY-WT.TO | -0.91 | FIT.WT | 340 | PME.WT | 0.005 | GBP.WT.A | 132.7% | OGN.WT | 0.075 | $1.94 | Bargain | ||||||
expiry the more | Banro Corp | 75,165,089.48 | PME.WT | 30-Jun-09 | RIT-WT.TO | -0.95 | MLY.WT | 320 | CPM.WT | 0.005 | GBP.WT | 132.7% | CIW.WT.A | 0.01 | $0.23 | Bargain | ||||||
valuable the warrants. | Baja Mining Corp | 35,050,762.57 | URB.WT.A | 12-Jul-09 | AOG-WT | -1.03 | EPD.WT | 315 | FIT.WT | 0.005 | AAB.WT | 126.1% | CRP.WT | 0.1 | $1.84 | Bargain | ||||||
Bear Creek Mining | 78,748,972.66 | RIT-WT.TO | 23-Jul-09 | MPM.WT | -1.1 | AV-WT | 308 | MLY.WT | 0.005 | PNP.WT.A | 103.2% | CPM.WT.A | 0.015 | $0.19 | Bargain | |||||||
Leverage | Baffinland Iron Mns Corp | 27,379,917.31 | FAY-WT.TO | 23-Jul-09 | VIP.WT | -1.17 | RF.WT | 287.5 | GFT.WT | 0.01 | PNP.WT.B | 103.2% | VIP.WT | 0.015 | $0.19 | Bargain | ||||||
The leverage of a warrant | Bankers Petroleum | 324,405,046.20 | EWP-WT.TO | 23-Jul-09 | AV-WT | -1.23 | FAY-WT.TO | 257.6 | CBK.WT.A | 0.01 | PNP.WT | 103.2% | FFI.WT | 0.065 | $0.77 | Bargain | ||||||
is a measure of how much | Blue Sky Uranium | 1,850,300.00 | TRF-WT.TO | 23-Jul-09 | SCP.WT | -1.4 | CIW.WT.A | 253 | EPD.WT | 0.01 | AOG-WT | 99.2% | AOG-WT | 0.025 | $0.27 | Bargain | ||||||
you can increase your | Copernican British Banks Fund | 10,120,000.00 | GBP.WT | 31-Jul-09 | OGN.WT | -1.55 | CBK.WT | 250 | CIW.WT.A | 0.01 | URB.WT.A | 94.8% | CBK.WT | 0.005 | $0.05 | Bargain | ||||||
exposure to a share if | Coalcorp Mining | 25,086,022.11 | CIW.WT | 31-Aug-09 | FGX.WT | -2.15 | UF.WT | 244 | DPF.WT | 0.01 | GFT.WT | 79.3% | FTF.WT | 0.025 | $0.25 | Bargain | ||||||
you bought warrants | Caspian Energy | 4,260,683.21 | FFI.WT | 15-Sep-09 | FGX.WT | -2.15 | ASF.WT | 242 | ASF.WT | 0.01 | FTF.WT | 78.6% | FAY-WT.TO | 0.05 | $0.46 | Bargain | ||||||
instead of making a | Challenger Energy Corp | 24,050,626.32 | XHM.WT | 30-Oct-09 | CNM.WT | -2.2 | DPF.WT | 239 | UF.WT | 0.01 | ASF.WT | 77.2% | XHM.WT | 0.06 | $0.46 | Bargain | ||||||
direct investment. It is | Chesapeake Gold | 113,021,284.36 | FGX.WT | 30-Oct-09 | URB.WT.A | -2.52 | URB.WT.A | 234.00 | CPM.WT.A | 0.015 | CIW.WT.A | 74.9% | FGX.WT | 0.205 | $1.48 | Bargain | ||||||
calculated dividing the | Calstar Oil & Gas Ltd | 9,316,299.09 | GRE.WT | 31-Oct-09 | PNP.WT.B | -2.55 | EWP-WT.TO | 204 | VIP.WT | 0.015 | CIW.WT | 74.9% | GBP.WT.A | 0.085 | $0.60 | Bargain | ||||||
current share price by | C M P Gold Trust | 26,495,180.00 | FRE.WT | 09-Nov-09 | GFT.WT | -2.58 | CPM.WT.A | 180 | CNM.WT | 0.02 | CPM.WT.A | 74.5% | OGE.WT | 0.27 | $1.49 | Bargain | ||||||
the current price of the | Creston Moly | 12,101,814.70 | OGN.WT | 30-Nov-09 | TRF-WT.TO | -3.05 | OGN.WT | 141.33 | AV-WT | 0.02 | CPM.WT | 74.5% | AGB.WT | 0.035 | $0.16 | Bargain | ||||||
warrant. | Canadian Income Mgmt Tr | 392,280.64 | UF.WT | 15-Dec-09 | FRE.WT | -3.2 | FTF.WT | 129.2 | AOG-WT | 0.025 | EPD.WT | 71.5% | MPM.WT | 0.81 | $3.47 | Bargain | ||||||
Coxe Commodity Strategy Fund | 179,975,000.00 | ASF.WT | 15-Jan-10 | XHM.WT | -3.26 | CBK.WT.A | 125 | FTF.WT | 0.025 | GRE.WT | 71.2% | DPF.WT | 0.01 | $0.04 | Bargain | |||||||
Intrinsic Value | Copernican Int'l Premium Dividend Fund | 18,859,500.00 | HAY.WT | 26-Feb-10 | GRE.WT | -3.61 | AOG-WT | 114.8 | EWP-WT.TO | 0.025 | GUR.WT | 70.2% | FGX.WT | 0.205 | $0.85 | Bargain | ||||||
The difference between | Claude Resources | 73,805,142.80 | FIT.WT.A | 30-Apr-10 | OGE.WT | -3.65 | OGF.WT | 114 | OGF.WT | 0.025 | DPF.WT | 69.1% | CNM.WT | 0.02 | $0.08 | Bargain | ||||||
the exercise price and | Ceres Global Ag Corp | 56,216,008.80 | CPM.WT.A | 31-May-10 | GBP.WT.A | -4.1 | XHM.WT | 112.33 | GBP.WT | 0.025 | PME.WT | 66.4% | PNP.WT.A | 0.1 | $0.34 | Bargain | ||||||
the actual trading price | Colossus Minerals | 78,216,867.80 | FGX.WT | 31-May-10 | CBK.WT | -4.1 | AGB.WT | 97.14 | AGB.WT | 0.035 | OGN.WT | 64.8% | EWP-WT.TO | 0.025 | $0.08 | Bargain | ||||||
of the common stock. | Central Sun Mining | 42,919,792.30 | CBB.WT | 14-Jun-10 | CBK.WT.A | -4.2 | FFI.WT | 96.15 | FAY-WT.TO | 0.05 | XHM.WT | 61.0% | TRT.WT | 0.005 | $0.02 | Bargain | ||||||
Once the common has | Copper Mountain | 9,927,537.30 | CBK.WT.A | 30-Jun-10 | COX.WT | -4.95 | CBB.WT | 92 | RF.WT | 0.06 | FIT.WT.A | 58.9% | OGF.WT | 0.025 | $0.08 | Bargain | ||||||
gone over the exercise | Copper Mesa Mining | 3,080,194.68 | GUR.WT | 30-Jun-10 | CIW.WT | -4.99 | GBP.WT | 74 | XHM.WT | 0.06 | FIT.WT | 58.9% | AV-WT | 0.02 | $0.06 | Bargain | ||||||
price the warrants are | Crosshair Exploration & Mining Corp | 14,665,452.88 | GFT.WT | 05-Jul-10 | CIW.WT.A | -5.04 | HAY.WT | 55.13 | FIT.WT.A | 0.06 | FGX.WT | 58.4% | CIW.WT | 0.005 | $0.01 | Bargain | ||||||
said to be 'in the money'. | Davie Yards | 16,827,237.00 | MPM.WT | 10-Jul-10 | FIT.WT.A | -5.05 | CRP.WT | 43.6 | FFI.WT | 0.065 | FGX.WT | 58.4% | TCP.WT | 1.25 | $2.55 | Bargain | ||||||
Dioro Exploration | 13,737,061.50 | FTF.WT | 30-Jul-10 | CPM.WT | -5.12 | FGX.WT | 38.29 | OGN.WT | 0.075 | OGF.WT | 58.2% | PNP.WT.B | 0.27 | $0.52 | Bargain | |||||||
Volatility | Denison Mines | 267,924,724.35 | GBP.WT.A | 31-Jul-10 | CPM.WT.A | -5.45 | FGX.WT | 38.29 | AAB.WT | 0.075 | AGB.WT | 56.1% | ASF.WT | 0.01 | $0.02 | Bargain | ||||||
The higher the volatility | Dynamite Resources | 16,462,575.00 | OCF.WT | 31-Jul-10 | PNP.WT.A | -5.55 | OGE.WT | 30.93 | HAY.WT | 0.08 | SCP.WT | 55.7% | URB.WT.A | 0.005 | $0.01 | Undervalued | ||||||
rating the higher the price | DPF India Opportunities Fund | 59,040,170.00 | DPF.WT | 13-Aug-10 | UF.WT | -5.56 | FRE.WT | 28.97 | GBP.WT.A | 0.085 | CMP.WT.A | 53.6% | AAB.WT | 0.075 | $0.10 | Undervalued | ||||||
of the warrant will be. | Dundee Precious Metals | 86,778,353.20 | CIW.WT.A | 31-Aug-10 | OCF.WT | -5.76 | FIT.WT.A | 28.33 | CRP.WT | 0.1 | CMP.WT.B | 53.6% | SCP.WT | 0.4 | $0.47 | Undervalued | ||||||
A measure of actual | ECU Silver Mining Inc. | 158,414,161.32 | TRT.WT | 10-Oct-10 | HAY.WT | -5.84 | OCF.WT | 23.63 | PNP.WT.A | 0.1 | OCF.WT | 51.5% | OCF.WT | 0.19 | $0.19 | Fair Market Value | ||||||
stock price changes over | Endeavour Financial | 155,379,414.18 | EPD.WT | 12-Nov-10 | CMP.WT.A | -6.04 | COX.WT | 22.36 | GUR.WT | 0.115 | OGE.WT | 51.4% | EDV.WT.A | 0.53 | $0.51 | Fair Market Value | ||||||
a specific period of time. | Etruscan Resources | 44,963,570.31 | AGB.WT | 30-Nov-10 | AGB.WT | -6.5 | GBP.WT.A | 21.76 | FRE.WT | 0.145 | RIT-WT.TO | 50.9% | GBP.WT | 0.025 | $0.02 | Fair Market Value | ||||||
Historical volatility is | EarthFirst | 3,099,114.54 | CRP.WT | 21-Dec-10 | EPD.WT | -6.6 | GUR.WT | 14.35 | OCF.WT | 0.19 | FFI.WT | 49.1% | CMP.WT.A | 0.71 | $0.65 | Fair Market Value | ||||||
calculated by using the | Eastern Platinum Limited | 275,467,470.98 | OGE.WT | 31-Dec-10 | RF.WT | -6.85 | PNP.WT.A | 9.5 | FGX.WT | 0.205 | VIP.WT | 47.2% | COX.WT | 0.28 | $0.19 | Overvalued | ||||||
standard deviation of an | EMC Metals | 15,643,877.06 | SCP.WT | 31-Dec-10 | FTF.WT | -7.77 | TCP.WT | 8.56 | FGX.WT | 0.205 | EDV.WT.A | 45.2% | PNP.WT | 0.31 | $0.16 | Overvalued | ||||||
underlying stock price. | European Premium Dividend | 9,403,065.00 | CMP.WT.A | 25-Jan-11 | MLY.WT | -8.2 | CMP.WT.A | 8.39 | OGE.WT | 0.27 | UF.WT | 43.2% | HAY.WT | 0.08 | $0.02 | Very Overvalued | ||||||
Erdene Gold | 17,846,175.40 | TCP.WT | 28-Feb-11 | PME.WT | -8.4 | MPM.WT | 7.90 | PNP.WT.B | 0.27 | TRF-WT.TO | 43.1% | FIT.WT.A | 0.06 | $0.01 | Very Overvalued | |||||||
In the Money | Fortress Energy Inc | 5,944,463.36 | COX.WT | 31-May-11 | FIT.WT | -8.4 | SCP.WT | 6.75 | COX.WT | 0.28 | RF.WT | 40.7% | GUR.WT | 0.115 | $0.01 | Very Overvalued | ||||||
When the price of the | Flaherty & Crumrine | 41,192,312.50 | RF.WT | 30-Sep-11 | GBP.WT | -8.55 | CNM.WT | 4 | PNP.WT | 0.31 | HAY.WT | 39.8% | PME.WT | 0.005 | $0.00 | Very Overvalued | ||||||
common is higher than | Faircourt Gold Income | 18,416,100.00 | CNM.WT | 28-Feb-12 | GUR.WT | -8.6 | TRT.WT | 4 | SCP.WT | 0.4 | AV-WT | 32.7% | CPM.WT | 0.005 | $0.00 | Very Overvalued | ||||||
the exercise price | Int'l Fin. Income and Growth Trust | 2,972,035.20 | PNP.WT | 16-Apr-12 | CMP.WT.B | -9.04 | PNP.WT.B | 3.52 | EDV.WT.A | 0.53 | TCP.WT | 31.7% | FRE.WT | 0.145 | $0.01 | Very Overvalued | ||||||
Franco-Nevada | 2,809,403,000.00 | AAB.WT | 06-Jun-12 | CRP.WT | -9.14 | PNP.WT | 3.06 | CMP.WT.A | 0.71 | FRE.WT | 29.0% | UF.WT | 0.01 | $0.00 | Very Overvalued | |||||||
At the Money | First Majestic Silver Corp | 129,857,041.60 | PNP.WT.A | 23-Oct-12 | CBB.WT | -9.54 | EDV.WT.A | 3.00 | MPM.WT | 0.81 | COX.WT | 27.1% | FIT.WT | 0.005 | $0.00 | Very Overvalued | ||||||
When the price of the | Front Street Resource Perf. Fund | 67,560,271.80 | CMP.WT.B | 25-Jan-13 | ASF.WT | -9.58 | AAB.WT | 2.53 | TCP.WT | 1.25 | FAY-WT.TO | 26.2% | MLY.WT | 0.005 | $0.00 | Very Overvalued | ||||||
underlying is equivalent | Fortune Minerals | 21,504,044.94 | PNP.WT.B | 11-Jul-13 | DPF.WT | -10.11 | CMP.WT.B | nt | CMP.WT.B | nt | EWP-WT.TO | 23.9% | CMP.WT.B | nt | $1.21 | Not Trading | ||||||
or close to the strike price. | Focused Global Trends Fund | 15,276,711.36 | EDV.WT.A | 04-Feb-14 | PNP.WT | -14.05 | TRF-WT.TO | nt | TRF-WT.TO | nt | MLY.WT | 9.1% | TRF-WT.TO | nt | $0.53 | Not Trading | ||||||
Goldcorp | 26,960,207,327.68 | |||||||||||||||||||||
Exercise ratio | Great Basin | 271,572,078.14 | ||||||||||||||||||||
The number of warrants | Global Banks Premium Income Trust | 8,450,498.45 | ||||||||||||||||||||
related to one share and | Distinction Group | 51,724,149.00 | ||||||||||||||||||||
specifies the amount of | CC&L Global Financials Fund II | 59,054,695.70 | ||||||||||||||||||||
underlying that the owner | Gold Wheaton | 214,847,983.64 | ||||||||||||||||||||
of a single warrant is | Geovic Mining Corp | 48,364,262.42 | ||||||||||||||||||||
entitled to buy. | Sentry Select Global Real Estate | 15,732,000.00 | ||||||||||||||||||||
Global Uranium | 16,177,260.00 | |||||||||||||||||||||
Time Value | Stone Agribusiness | 19,016,409.51 | ||||||||||||||||||||
The time value is the | High Desert Gold Corp | 8,100,000.00 | ||||||||||||||||||||
difference between the | High River Gold Mines | 46,185,773.70 | ||||||||||||||||||||
current warrant price | I C S Copper Systems Ltd | 742,846.73 | ||||||||||||||||||||
and its intrinsic value. | Ivanhoe Energy | 177,475,713.12 | ||||||||||||||||||||
The time value is to be | I M A Exploration | 15,378,958.88 | ||||||||||||||||||||
interpreted as the | International Nickel | 10,262,091.52 | ||||||||||||||||||||
consideration paid for | Ivory Energy | 1,430,523.06 | ||||||||||||||||||||
the advantage that the | Kinross | 12,486,838,844.20 | ||||||||||||||||||||
warrant buyer has over | Katanga Mining | 87,675,996.78 | ||||||||||||||||||||
the direct investor. It | Labrador Iron Mines | 24,476,370.69 | ||||||||||||||||||||
is greatest when the | Added Capital | 12,237,809.56 | ||||||||||||||||||||
warrants are 'at the money' | Marathon PGM | 10,555,349.64 | ||||||||||||||||||||
but decreases as the | Melco China Resorts (Holding) Ltd. | 3,934,770.48 | ||||||||||||||||||||
exercise date draws closer. | Metrobridge Networks | 1,376,374.44 | ||||||||||||||||||||
The decreased value is | Mega Uranium | 215,345,241.80 | ||||||||||||||||||||
called time decay and | Mines Management | 48,221,986.40 | ||||||||||||||||||||
decreases at a faster | Mercator Minerals Ltd | 32,913,173.48 | ||||||||||||||||||||
pace as the expiry date | Sprott Molybdenum Part. Corp. | 71,181,299.20 | ||||||||||||||||||||
draws closer. | Markland AGF Precious Metals... | 16,192,000.00 | ||||||||||||||||||||
Metanor Resources | 33,038,861.85 | |||||||||||||||||||||
Metallic Ventures Gold | 32,754,641.85 | |||||||||||||||||||||
Norbord | 88,859,792.03 | |||||||||||||||||||||
New Gold Inc. | 464,008,455.33 | |||||||||||||||||||||
Northrock Resources | 751,754.58 | |||||||||||||||||||||
Oilsands Canada Corp | 20,411,989.00 | |||||||||||||||||||||
Oroco Resource Corp | 5,518,704.20 | |||||||||||||||||||||
O'Leary Global Equity Income | 30,561,000.00 | |||||||||||||||||||||
Brompton Oil & Gas Inc Fund | 62,045,611.50 | |||||||||||||||||||||
O'Leary Global Infrastructure | 51,622,000.00 | |||||||||||||||||||||
Osisko Exploration | 801,391,105.35 | |||||||||||||||||||||
Orsu Metals | 34,253,192.03 | |||||||||||||||||||||
Olympus Pacific Minerals Inc | 29,049,110.13 | |||||||||||||||||||||
RailPower | 2,286,890.60 | |||||||||||||||||||||
Palo Duro Energy | 1,583,968.44 | |||||||||||||||||||||
North American Palladium Ltd. | 116,800,533.78 |