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Warrant Sheets for Companies as of December 10th, 2010 |
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| Valuing Warrants | Companies with | 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 | Astral Mining Corp | PTM.WT | 16-Dec-10 | AEM.WT.U | 37.99 | OGE.WT | 2016 | XMF.WT.A | 0.005 | XMF.WT.A | 309.7% | RF.WT | 0.02 | $0.88 | Bargain | ||||||
| The last day the warrants | Aberdeen International Inc | CRP.WT | 21-Dec-10 | SLW.WT.B | 29.37 | CRP.WT | 1534 | XMF.WT | 0.005 | XMF.WT | 309.7% | XMF.WT.A | 0.005 | $0.19 | Bargain | ||||||
| can be exercised. If | ALLBANC SPLIT CORP... | SLW.WT.B | 22-Dec-10 | SLW.WT.U | 19.37 | RF.WT | 1055 | FEI.WT | 0.005 | VZX.WT | 283.4% | GMF.WT | 0.06 | $1.30 | Bargain | ||||||
| warrants aren't being | Air Canada | SCP.WT | 31-Dec-10 | CWB.WT | 13.44 | EDV.WT.C | 1033.62 | CCJ.WT | 0.005 | EMC.WT | 275.7% | TYF.WT | 0.015 | $0.26 | Bargain | ||||||
| exercised then they | Air Canada | OGE.WT | 31-Dec-10 | FR.WT.B | 9.23 | HAP.WT | 902 | CCJ.WT.A | 0.005 | NQ.WT | 193.7% | XYM.WT | 0.065 | $1.03 | Bargain | ||||||
| must be sold the day | Andina Minerals Inc | PLS.WT | 08-Jan-11 | WTN.WT | 8.35 | TYF.WT | 603.33 | CRP.WT | 0.005 | GLD.WT | 184.9% | CNM.WT | 0.025 | $0.27 | Bargain | ||||||
| before the expiry date. | Agnico-Eagle | SBN.WT.A | 17-Jan-11 | CSI.WT | 7.56 | TBP.WT | 275 | OGE.WT | 0.005 | REC.WT | 181.5% | PLS.WT | 0.02 | $0.16 | Bargain | ||||||
| The longer the time to | Ainsworth Lumber | WFS.WT.A | 17-Jan-11 | EIF.WT | 7.3 | GMF.WT | 198.33 | OSU.WT.B | 0.005 | FEI.WT.A | 175.2% | OCB.WT | 0.08 | $0.63 | Bargain | ||||||
| expiry the more | ARISE Technologies Corp. | CMP.WT.A | 25-Jan-11 | DPM.WT.A | 6.67 | XYM.WT | 174.62 | HAP.WT | 0.01 | FEI.WT | 175.2% | EMC.WT | 0.02 | $0.15 | Bargain | ||||||
| valuable the warrants. | Avalon Rare Metals Inc | HAP.WT | 31-Jan-11 | BWR.WT.A | 5.54 | OCB.WT | 148.75 | CCJ.WT.B | 0.01 | WTN.WT | 144.9% | HCF.WT | 0.12 | $0.77 | Bargain | ||||||
| Banro Corp | CCJ.WT | 08-Feb-11 | MFL.WT | 5.36 | OBF.WT | 142.5 | TYF.WT | 0.015 | PLS.WT | 144.7% | FSS.WT | 0.11 | $0.63 | Bargain | |||||||
| Leverage | Bennett Environmental... | CSI.WT | 13-Feb-11 | BNK.WT.A | 4.43 | COX.WT | 113.13 | RF.WT | 0.02 | CEK.WT | 134.7% | CIQ.WT | 0.11 | $0.56 | Bargain | ||||||
| The leverage of a warrant | Baffinland Iron Mns Corp | MID.WT | 15-Feb-11 | TCM.WT | 4.13 | CIQ.WT | 108.36 | PLS.WT | 0.02 | PAU.WT | 127.4% | NQ.WT | 0.225 | $0.87 | Bargain | ||||||
| is a measure of how much | Bankers Petroleum | UXG.WT | 22-Feb-11 | EDR.WT | 3.3 | HCF.WT | 98.33 | EMC.WT | 0.02 | TXG.WT | 120.1% | FRN.WT | 0.05 | $0.18 | Bargain | ||||||
| you can increase your | Brigus Gold Corp. | TCP.WT | 28-Feb-11 | CKG.WT | 3.05 | CTF.WT | 92.91 | REC.WT | 0.02 | FRN.WT | 115.7% | OBF.WT | 0.08 | $0.27 | Bargain | ||||||
| exposure to a share if | Brick Group | XMF.WT | 28-Feb-11 | ML.WT.A | 2.76 | FSS.WT | 90.36 | FEI.WT.A | 0.02 | ECU.WT | 111.1% | NEW.WT | 1.06 | $3.37 | Bargain | ||||||
| you bought warrants | BNS Split Corp II | YCM.WT | 28-Feb-11 | CMP.WT.A | 2.75 | SBN.WT.A | 87.8 | GMC.WT | 0.02 | CNM.WT | 110.1% | ABK.WT | 1.65 | $4.83 | Bargain | ||||||
| instead of making a | Breakwater Resources | DML.WT.A | 01-Mar-11 | TAO.WT | 2.15 | PLS.WT | 87.50 | URB.WT.B | 0.02 | URZ.WT | 108.9% | VZX.WT | 0.025 | $0.07 | Bargain | ||||||
| direct investment. It is | Coalcorp Mining | FR.WT.B | 05-Mar-11 | PDL.WT.A | 2.08 | OSU.WT.B | 63 | CNM.WT | 0.025 | VST.WT | 107.6% | YNG.WT | 0.075 | $0.19 | Bargain | ||||||
| calculated dividing the | Caspian Energy | UTC.WT | 21-Mar-11 | MAI.WT | 1.85 | URB.WT.B | 62.5 | VZX.WT | 0.025 | OSU.WT.B | 105.5% | REC.WT | 0.02 | $0.05 | Bargain | ||||||
| current share price by | CANADIAN HIGH INCOME... | OSU.WT.B | 21-Mar-11 | BRK.WT | 1.73 | XMF.WT.A | 60 | RML.WT | 0.025 | YNG.WT | 105.3% | TXG.WT | 0.35 | $0.77 | Bargain | ||||||
| the current price of the | Chesapeake Gold | NEW.WT | 31-Mar-11 | FNV.WT | 1.64 | XMF.WT | 60 | CMT.WT | 0.025 | LRT.WT | 103.6% | LRT.WT | 0.095 | $0.20 | Bargain | ||||||
| warrant. | C M P Gold Trust | MSP.WT | 31-Mar-11 | AC.WT | 1.6 | UTC.WT | 58.39 | KAT.WT | 0.025 | MGA.WT.B | 100.7% | CTF.WT | 0.055 | $0.11 | Bargain | ||||||
| Compton Petroleum Corp. | EIF.WT | 07-Apr-11 | AC.WT | 1.6 | UXG.WT | 51.14 | CEK.WT | 0.03 | MGA.WT.A | 100.7% | HBB.WT | 0.41 | $0.85 | Bargain | |||||||
| Intrinsic Value | Canadian Income Mgmt Tr | CIQ.WT | 15-Apr-11 | G.WT.G | 1.5 | KAT.WT | 50 | TBP.WT | 0.03 | MGA.WT | 100.7% | GLW.WT | 0.415 | $0.81 | Bargain | ||||||
| The difference between | Coxe Commodity Strategy Fund | HBB.WT | 15-Apr-11 | FGX.WT.B | 1.3 | GMC.WT | 47.5 | GMC.WT.B | 0.03 | MAI.WT | 98.4% | PNP.WT.A | 0.52 | $0.98 | Bargain | ||||||
| the exercise price and | Claude Resources | TRX.WT.A | 16-Apr-11 | NGD.WT.C | 1.17 | MSP.WT | 45.04 | EDV.WT.C | 0.03 | CLQ.WT | 93.4% | TCP.WT | 0.25 | $0.47 | Bargain | ||||||
| the actual trading price | Ceres Global Ag Corp | TYF.WT | 29-Apr-11 | SUE.WT | 1.07 | CNM.WT | 43.2 | WFS.WT.A | 0.035 | USA.WT | 93.0% | URZ.WT | 1 | $1.84 | Bargain | ||||||
| of the common stock. | Colossus Minerals | TBP.WT | 29-Apr-11 | NEW.WT | 0.97 | TCP.WT | 41 | FRN.WT | 0.05 | MND.WT | 92.4% | FEI.WT.A | 0.02 | $0.04 | Bargain | ||||||
| Once the common has | Citadel Income Fund | NOM.WT | 30-Apr-11 | BAA.WT | 0.88 | NEW.WT | 40.13 | DML.WT.A | 0.05 | MGT.WT.U | 89.6% | UTC.WT | 0.33 | $0.59 | Bargain | ||||||
| gone over the exercise | Canadian Western Bank | IE.WT | 15-May-11 | RTU.WT | 0.65 | ABK.WT | 38.05 | CTF.WT | 0.055 | ROZ.WT | 88.8% | MND.WT | 0.09 | $0.16 | Bargain | ||||||
| price the warrants are | CAZA GOLD CORP COM | CEK.WT | 28-May-11 | BPV.WT | 0.62 | WFS.WT.A | 33.71 | ZAZ.WT | 0.055 | AVL.WT | 85.0% | GAA.WT | 1.15 | $1.98 | Bargain | ||||||
| said to be 'in the money'. | Denison Mines | OCB.WT | 31-May-11 | TRX.WT | 0.62 | PNP.WT | 32.82 | GMF.WT | 0.06 | ZAZ.WT | 83.1% | PNP.WT | 0.11 | $0.19 | Bargain | ||||||
| Dalradian Resources Inc | COX.WT | 31-May-11 | HBB.WT | 0.55 | GMC.WT.B | 31.67 | XYM.WT | 0.065 | EDR.WT | 82.1% | CLQ.WT | 0.44 | $0.66 | Undervalued | |||||||
| Volatility | Dundee Precious Metals | VST.WT | 05-Jun-11 | USA.WT | 0.53 | HBB.WT | 30.61 | APV.WT | 0.07 | DML.WT.A | 81.3% | MGA.WT.B | 0.465 | $0.68 | Undervalued | ||||||
| The higher the volatility | ECU Silver Mining Inc. | ABK.WT | 06-Jun-11 | FGX.WT.C | 0.52 | MID.WT | 26.63 | PGM.WT | 0.07 | PNP.WT.A | 78.5% | XMF.WT | 0.005 | $0.01 | Undervalued | ||||||
| rating the higher the price | Endeavour Silver Corp. | RTU.WT | 08-Jun-11 | CLQ.WT | 0.49 | FEI.WT | 26 | YNG.WT | 0.075 | PNP.WT | 78.5% | MID.WT | 0.38 | $0.55 | Undervalued | ||||||
| of the warrant will be. | Endeavour Financial | G.WT.G | 09-Jun-11 | PTM.WT | 0.47 | SCP.WT | 24.39 | GMC.WT.A | 0.075 | PNP.WT.B | 78.5% | GAA.WT | 1.15 | $1.65 | Undervalued | ||||||
| A measure of actual | Exchange Income | FEI.WT | 20-Jun-11 | URZ.WT | 0.44 | DML.WT.A | 23.19 | YCM.WT.A | 0.075 | RML.WT | 77.6% | MB.WT | 0.27 | $0.39 | Undervalued | ||||||
| stock price changes over | EMC Metals | FSS.WT | 30-Jun-11 | BIM.WT.A | 0.44 | SCI.WT | 18.44 | OCB.WT | 0.08 | SUE.WT | 75.0% | FGX.WT.B | 2.16 | $3.06 | Undervalued | ||||||
| a specific period of time. | First Capital Realty... | OBF.WT | 30-Jun-11 | AVL.WT | 0.43 | TRX.WT.A | 18.38 | OBF.WT | 0.08 | AA.WT | 74.8% | BIM.WT.A | 0.43 | $0.61 | Undervalued | ||||||
| Historical volatility is | Fortress Energy Inc | BSC.WT | 07-Jul-11 | FT.WT.A | 0.43 | CCJ.WT | 18 | TRX.WT.A | 0.08 | GCM.WT | 74.8% | MAI.WT | 1.83 | $2.53 | Undervalued | ||||||
| calculated by using the | Faircourt Gold Income | FGX.WT.C | 29-Jul-11 | NQ.WT | 0.40 | CCJ.WT.A | 18 | COX.WT | 0.08 | ST.WT | 72.2% | SCI.WT | 0.385 | $0.53 | Undervalued | ||||||
| standard deviation of an | Franco-Nevada | DNA.WT | 29-Jul-11 | EDV.WT.A | 0.39 | CMT.WT | 17.4 | RED.WT | 0.08 | WFS.WT.A | 69.9% | UXG.WT | 0.14 | $0.19 | Undervalued | ||||||
| underlying stock price. | First Majestic Silver Corp | SCI.WT | 04-Aug-11 | MID.WT | 0.37 | EMC.WT | 17 | NGD.WT.B | 0.085 | FT.WT.A | 69.2% | ECU.WT | 0.66 | $0.89 | Undervalued | ||||||
| FERONIA INC COM | EDV.WT.C | 07-Aug-11 | TXG.WT | 0.33 | XRG.WT | 16.92 | MND.WT | 0.09 | GMC.WT | 68.7% | PDL.WT.B | 1.04 | $1.38 | Undervalued | |||||||
| In the Money | FRONTIER RARE EARTH... | EMC.WT | 15-Aug-11 | GLD.WT | 0.32 | YCM.WT.A | 16.53 | LRT.WT | 0.095 | GMC.WT.A | 68.7% | PNP.WT.B | 1.4 | $1.86 | Undervalued | ||||||
| When the price of the | FRONT STREET STRATEGIC... | GPD.WT | 15-Aug-11 | NOM.WT | 0.32 | RTU.WT | 15.99 | BIM.WT | 0.1 | GMC.WT.B | 68.7% | FGX.WT.C | 0.82 | $1.08 | Undervalued | ||||||
| common is higher than | Fortune Minerals Limited | CCJ.WT.A | 17-Aug-11 | ROZ.WT | 0.3 | GMC.WT.A | 12.67 | SBN.WT.A | 0.1 | IE.WT | 68.3% | GMC.WT | 0.02 | $0.03 | Undervalued | ||||||
| the exercise price | Goldcorp | PDP.WT | 28-Aug-11 | ECU.WT | 0.25 | FGX.WT.C | 12.62 | PDP.WT | 0.105 | TMB.WT | 66.4% | IVA.WT | 0.51 | $0.66 | Undervalued | ||||||
| Gazit America Inc. | K.WT.B | 07-Sep-11 | SCI.WT | 0.23 | NGD.WT.B | 11.96 | MRS.WT | 0.105 | PMI.WT | 65.7% | P.WT | 1.45 | $1.89 | Undervalued | |||||||
| At the Money | Great Basin | PGM.WT | 11-Sep-11 | MB.WT | 0.16 | YNG.WT | 11.73 | FSS.WT | 0.11 | PMI.WT.A | 65.7% | AVL.WT | 1.12 | $1.43 | Undervalued | ||||||
| When the price of the | GRAN COLOMBIA GOLD CORP | BAA.WT | 17-Sep-11 | SCP.WT | 0.14 | PGM.WT | 11.71 | CIQ.WT | 0.11 | UXG.WT | 65.0% | FRO.WT | 0.44 | $0.56 | Undervalued | ||||||
| underlying is equivalent | Augen Gold Corp. | IVA.WT | 20-Sep-11 | PNP.WT.B | 0.11 | BIM.WT | 11.4 | PNP.WT | 0.11 | FR.WT.B | 64.9% | RTU.WT | 0.81 | $1.04 | Undervalued | ||||||
| or close to the strike price. | Geovic Mining Corp | CMT.WT | 25-Sep-11 | SSL.WT | 0.11 | GLW.WT | 11.08 | AA.WT | 0.11 | CKG.WT | 64.7% | SUE.WT | 1.04 | $1.31 | Undervalued | ||||||
| HORIZONS AP INCOME PLUS... | RF.WT | 30-Sep-11 | BSC.WT | 0.09 | RML.WT | 10.6 | HCF.WT | 0.12 | RN.WT | 64.5% | CKG.WT | 3.75 | $4.70 | Undervalued | |||||||
| Exercise ratio | HARVEST BANKS &... | FEI.WT.A | 30-Sep-11 | DNA.WT | 0.06 | ANS.WT | 9.8 | PMI.WT.A | 0.12 | GPD.WT | 64.1% | EDV.WT.A | 0.83 | $1.03 | Undervalued | ||||||
| The number of warrants | HARVEST CDN INCOME AND... | CLQ.WT | 30-Sep-11 | IVA.WT | 0.02 | TID.WT | 9.33 | XRG.WT | 0.13 | BPV.WT | 62.4% | GLD.WT | 0.4 | $0.50 | Undervalued | ||||||
| related to one share and | Ivanhoe Energy | AVL.WT | 30-Sep-11 | UTC.WT | 0.01 | G.WT.G | 9.23 | UXG.WT | 0.14 | DPM.WT.A | 62.1% | MGT.WT.U | 0.52 | $0.65 | Undervalued | ||||||
| specifies the amount of | IVANHOE AUSTRALIA LTD | PDL.WT.A | 30-Sep-11 | ABK.WT | 0.00 | CCJ.WT.B | 9 | CZY.WT | 0.14 | DPM.WT | 62.1% | MSP.WT | 0.23 | $0.29 | Undervalued | ||||||
| underlying that the owner | Kinross | EDR.WT | 07-Oct-11 | TCP.WT | 0 | TMB.WT | 8.88 | MGA.WT.A | 0.15 | APV.WT | 62.0% | RN.WT | 1 | $1.23 | Undervalued | ||||||
| of a single warrant is | Katanga Mining | GMF.WT | 14-Oct-11 | MND.WT | 0 | K.WT.C | 8.21 | TID.WT | 0.15 | YCM.WT | 61.1% | FT.WT.A | 0.46 | $0.56 | Undervalued | ||||||
| entitled to buy. | Canadian Life Companies... | TID.WT | 16-Oct-11 | CRJ.WT | 0 | BEV.WT | 7.29 | AAB.WT | 0.155 | YCM.WT.A | 61.1% | AC.WT | 1.59 | $1.90 | Undervalued | ||||||
| Lanesborough REIT | TCM.WT | 27-Oct-11 | RN.WT | -0.01 | FRO.WT | 7.14 | VST.WT | 0.16 | MTO.WT | 61.0% | AC.WT | 1.59 | $1.90 | Undervalued | |||||||
| Time Value | Minera Andes Inc. | PDL.WT.B | 29-Oct-11 | PAU.WT | -0.01 | PNP.WT.A | 6.94 | GPD.WT | 0.16 | BIM.WT.A | 59.8% | CWB.WT | 13.33 | $15.57 | Undervalued | ||||||
| The time value is the | Mega Brands Inc. | XYM.WT | 31-Oct-11 | VST.WT | -0.01 | K.WT.B | 6.74 | SCP.WT | 0.18 | BIM.WT | 59.8% | NGD.WT.A | 3.04 | $3.56 | Undervalued | ||||||
| difference between the | Minefinders Corp. Ltd. | GMC.WT | 03-Nov-11 | TRX.WT.A | -0.03 | IVA.WT | 6.65 | MTO.WT | 0.185 | GLW.WT | 58.1% | PDL.WT.A | 2.15 | $2.53 | Undervalued | ||||||
| current warrant price | Mega Uranium | MRS.WT | 03-Nov-11 | MGA.WT.B | -0.05 | MGA.WT.A | 6.55 | PTA.WT.A | 0.19 | MB.WT | 58.0% | CMP.WT.A | 2.45 | $2.84 | Undervalued | ||||||
| and its intrinsic value. | MINES MANAGEMENT INC. | TAO.WT | 05-Nov-11 | FSS.WT | -0.06 | FEI.WT.A | 6.5 | MGA.WT | 0.2 | SLW.WT.B | 56.8% | DPM.WT.A | 6.8 | $7.90 | Undervalued | ||||||
| The time value is to be | MINT Income Fund | URB.WT.B | 10-Nov-11 | PMI.WT | -0.06 | CEK.WT | 6.5 | YCM.WT | 0.205 | SLW.WT.U | 56.8% | BPV.WT | 0.7 | $0.79 | Undervalued | ||||||
| interpreted as the | Mercator Minerals Ltd | TXG.WT | 12-Nov-11 | CIQ.WT | -0.08 | FRN.WT | 6.4 | PMI.WT | 0.22 | PGM.WT | 56.3% | BRK.WT | 1.68 | $1.89 | Undervalued | ||||||
| consideration paid for | Medoro Resources Ltd. | KAT.WT | 20-Nov-11 | GMF.WT | -0.1 | PDL.WT.B | 6.09 | NQ.WT | 0.225 | PDL.WT.B | 56.2% | FNV.WT | 5.65 | $6.30 | Undervalued | ||||||
| the advantage that the | THE CANADIAN SHIELD FUND | HCF.WT | 30-Nov-11 | OCB.WT | -0.1 | YCM.WT | 6.05 | MSP.WT | 0.23 | PDL.WT.A | 56.2% | AEM.WT.U | 40.69 | $45.06 | Undervalued | ||||||
| warrant buyer has over | Metanor Resources | REC.WT | 30-Nov-11 | VZX.WT | -0.13 | CMP.WT.A | 6.02 | TCP.WT | 0.25 | DNA.WT | 55.0% | QUX.WT | 3.79 | $4.21 | Undervalued | ||||||
| the direct investor. It | Norbord | CTF.WT | 02-Dec-11 | APV.WT | -0.13 | PDP.WT | 6 | ANS.WT | 0.25 | PDP.WT | 54.8% | BAA.WT | 0.95 | $1.05 | Fair Market Value | ||||||
| is greatest when the | NewGrowth Corp. | FT.WT.A | 03-Dec-11 | MSP.WT | -0.14 | FNV.WT | 5.95 | NOT.WT | 0.265 | XRG.WT | 54.5% | EDR.WT | 3.48 | $3.79 | Fair Market Value | ||||||
| warrants are 'at the money' | New Gold Inc. | XRG.WT | 21-Dec-11 | CZY.WT | -0.14 | DPM.WT | 5.51 | MB.WT | 0.27 | PTM.WT | 54.0% | WTN.WT | 8.9 | $9.72 | Fair Market Value | ||||||
| but decreases as the | Norsemont Mining Inc. | MFL.WT | 31-Dec-11 | REC.WT | -0.15 | MGT.WT.U | 5.5 | PAU.WT | 0.28 | AAB.WT | 52.7% | DPM.WT | 1.8 | $1.94 | Fair Market Value | ||||||
| exercise date draws closer. | Noront Resources Ltd. | BIM.WT | 31-Jan-12 | RED.WT | -0.15 | MRS.WT | 5.4 | BEV.WT | 0.28 | BEV.WT | 52.1% | USA.WT | 0.55 | $0.60 | Fair Market Value | ||||||
| The decreased value is | Northquest Ltd | MGA.WT | 12-Feb-12 | PDL.WT.B | -0.17 | REC.WT | 5.00 | UTC.WT | 0.33 | PTA.WT.A | 51.8% | MFL.WT | 5.4 | $5.67 | Fair Market Value | ||||||
| called time decay and | OLEARY BRLC PLUS INC... | ML.WT | 16-Feb-12 | HCF.WT | -0.2 | ML.WT | 4.95 | SSL.WT | 0.33 | IVA.WT | 50.0% | ML.WT.A | 2.74 | $2.86 | Fair Market Value | ||||||
| decreases at a faster | OLEARY ADV TACT GLOB... | CKG.WT | 23-Feb-12 | QUX.WT | -0.2 | MGA.WT | 4.91 | TXG.WT | 0.35 | P.WT | 50.0% | BWR.WT.A | 0.55 | $0.57 | Fair Market Value | ||||||
| pace as the expiry date | O'Leary Canadian Equity Income | XMF.WT.A | 28-Feb-12 | PMI.WT.A | -0.21 | IE.WT | 4.88 | NGD.WT.C | 0.355 | FRO.WT | 50.0% | FR.WT.B | 8.97 | $9.27 | Fair Market Value | ||||||
| draws closer. | Orsu Metals | CNM.WT | 28-Feb-12 | ML.WT | -0.24 | FGX.WT.B | 4.79 | SSL.WT.A | 0.36 | MRS.WT | 50.0% | CSI.WT | 7.44 | $7.58 | Fair Market Value | ||||||
| Primero Mining Corp | YCM.WT.A | 28-Feb-12 | CMP.WT.B | -0.25 | NOM.WT | 4.72 | ADM.WT | 0.37 | QUX.WT | 49.4% | EIF.WT | 7.37 | $7.47 | Fair Market Value | |||||||
| Papuan Precious Metals... | TMB.WT | 29-Feb-12 | CEK.WT | -0.26 | GAA.WT | 4.65 | MID.WT | 0.38 | BWR.WT.A | 49.2% | SLW.WT.B | 29.5 | $29.40 | Fair Market Value | |||||||
| North American Palladium Ltd. | BNK.WT.A | 01-Mar-12 | ST.WT | -0.27 | GAA.WT | 4.65 | SCI.WT | 0.385 | CSI.WT | 49.2% | PAU.WT | 0.28 | $0.28 | Fair Market Value | |||||||
| Petrolifera Petroleum... | GMC.WT.A | 06-Mar-12 | FRN.WT | -0.28 | PTM.WT | 4.63 | GLD.WT | 0.4 | CMT.WT | 48.7% | PTM.WT | 0.48 | $0.47 | Fair Market Value | |||||||
| Peregrine Metals Ltd. | FNV.WT | 13-Mar-12 | PTA.WT.A | -0.28 | FNV.WT.A | 4.46 | HBB.WT | 0.41 | CRJ.WT | 48.5% | ROZ.WT | 0.81 | $0.80 | Fair Market Value | |||||||
| Polaris Minerals | NGD.WT.B | 03-Apr-12 | SSL.WT.A | -0.29 | RED.WT | 4.38 | GLW.WT | 0.415 | KAT.WT | 47.2% | AR.WT | 1.07 | $1.04 | Fair Market Value | |||||||
| Petromanas Energy Inc | PNP.WT | 16-Apr-12 | GCM.WT | -0.3 | AAB.WT | 4.19 | TMB.WT | 0.42 | BRD.WT.A | 46.7% | SLW.WT.U | 24.85 | $24.43 | Fair Market Value | |||||||
| Pinetree Capital | MGT.WT.U | 20-Apr-12 | AR.WT | -0.35 | TXG.WT | 4.17 | BIM.WT.A | 0.43 | BRD.WT | 46.7% | BNK.WT.A | 4.7 | $4.57 | Fair Market Value | |||||||
| PETROAMERICA OIL CORP | URZ.WT | 27-Apr-12 | BRD.WT.A | -0.35 | ADM.WT | 4.08 | CLQ.WT | 0.44 | ANS.WT | 45.4% | CRJ.WT | 0.56 | $0.55 | Fair Market Value | |||||||
| Platinum Group | GMC.WT.B | 27-Apr-12 | AAB.WT | -0.35 | NQ.WT | 4.00 | FRO.WT | 0.44 | GAA.WT | 43.9% | ST.WT | 0.51 | $0.49 | Fair Market Value | |||||||
| Quadra FNX Mining Ltd. | RED.WT | 29-Apr-12 | BRD.WT | -0.36 | ZAZ.WT | 4 | FT.WT.A | 0.46 | GAA.WT | 43.9% | TRX.WT | 0.72 | $0.68 | Fair Market Value | |||||||
| REC MINERALS CORP | BEV.WT | 07-May-12 | TID.WT | -0.41 | K.WT.D | 3.93 | MGA.WT.B | 0.465 | AR.WT | 43.0% | SCP.WT | 0.18 | $0.17 | Fair Market Value | |||||||
| Redwater Energy Corp | MTO.WT | 15-May-12 | FEI.WT.A | -0.42 | QUX.WT | 3.89 | PTM.WT | 0.48 | BAA.WT | 42.8% | PMI.WT | 0.22 | $0.21 | Fair Market Value | |||||||
| Rusoro Mining | CZY.WT | 22-May-12 | CTF.WT | -0.44 | AR.WT | 3.88 | IE.WT | 0.49 | MFL.WT | 42.1% | TCM.WT | 4.97 | $4.65 | Fair Market Value | |||||||
| RODINIA OIL CORP | ROZ.WT | 28-May-12 | PLS.WT | -0.50 | NOT.WT | 3.74 | IVA.WT | 0.51 | AC.WT | 42.0% | CEK.WT | 0.03 | $0.03 | Fair Market Value | |||||||
| Canadian Resources... | PMI.WT.A | 28-May-12 | IE.WT | -0.54 | LRT.WT | 3.68 | ST.WT | 0.51 | AC.WT | 41.5% | XRG.WT | 0.13 | $0.12 | Fair Market Value | |||||||
| S Split Corp. | ADM.WT | 02-Jun-12 | MTO.WT | -0.56 | MND.WT | 3.67 | PNP.WT.A | 0.52 | ADM.WT | 40.9% | K.WT.D | 4.78 | $4.16 | Overvalued | |||||||
| SCITI ROCS TRUST | MGA.WT.A | 06-Jun-12 | AA.WT | -0.57 | P.WT | 3.66 | MGT.WT.U | 0.52 | NOT.WT | 40.9% | NGD.WT.C | 0.355 | $0.31 | Overvalued | |||||||
| Sprott Resource Corp | AAB.WT | 06-Jun-12 | PDP.WT | -0.57 | GPD.WT | 3.63 | USA.WT | 0.55 | ML.WT.A | 40.0% | ML.WT | 0.76 | $0.65 | Overvalued | |||||||
| Silver Wheaton | APV.WT | 11-Jun-12 | OBF.WT | -0.6 | AVL.WT | 3.60 | BWR.WT.A | 0.55 | ML.WT | 40.0% | TAO.WT | 2.7 | $2.32 | Overvalued | |||||||
| Sandstorm Resources Ltd. | YNG.WT | 20-Jun-12 | XYM.WT | -0.65 | EDV.WT.A | 3.48 | CRJ.WT | 0.56 | NOM.WT | 38.7% | BRD.WT.A | 0.79 | $0.67 | Overvalued | |||||||
| Stonegate Agricom Ltd. | TRX.WT | 21-Jun-12 | LRT.WT | -0.65 | URZ.WT | 3.44 | NOM.WT | 0.65 | NGD.WT.A | 37.5% | G.WT.G | 5.12 | $4.25 | Overvalued | |||||||
| Sulliden Gold Corp. Ltd. | WTN.WT | 28-Jun-12 | GAA.WT | -0.65 | NGD.WT.A | 3.35 | ECU.WT | 0.66 | NGD.WT.C | 37.5% | SSL.WT | 0.33 | $0.28 | Overvalued | |||||||
| TAG OIL LTD | DPM.WT | 29-Jun-12 | ADM.WT | -0.74 | DNA.WT | 3.3 | BPV.WT | 0.7 | NGD.WT.B | 37.5% | NGD.WT.B | 0.085 | $0.07 | Overvalued | |||||||
| T BOONE PICKENS ENERGY... | MND.WT | 06-Aug-12 | GPD.WT | -0.76 | PMI.WT.A | 3.29 | DNA.WT | 0.7 | NBD.WT | 36.2% | TRX.WT.A | 0.08 | $0.06 | Overvalued | |||||||
| Thompson Creek Metals | QUX.WT | 10-Sep-12 | XMF.WT | -0.81 | BAA.WT | 3.24 | NBD.WT | 0.7 | URB.WT.B | 35.9% | NOM.WT | 0.65 | $0.51 | Overvalued | |||||||
| Trident Performance Corp | SUE.WT | 06-Oct-12 | NBD.WT | -0.88 | VST.WT | 3.06 | TRX.WT | 0.72 | SSL.WT | 35.1% | VST.WT | 0.16 | $0.12 | Overvalued | |||||||
| Tuscany Intl. Drilling... | PNP.WT.A | 23-Oct-12 | TYF.WT | -0.95 | CKG.WT | 2.95 | ML.WT | 0.76 | SSL.WT.A | 35.1% | PTA.WT.A | 0.19 | $0.14 | Overvalued | |||||||
| Tembec | AC.WT | 28-Oct-12 | HAP.WT | -0.98 | PDL.WT.A | 2.94 | BRD.WT.A | 0.79 | EDV.WT.A | 33.1% | COX.WT | 0.08 | $0.06 | Overvalued | |||||||
| Terrane Metals | AC.WT | 28-Oct-12 | CMT.WT | -1.12 | CLQ.WT | 2.93 | RTU.WT | 0.81 | EDV.WT.C | 33.1% | FEI.WT | 0.005 | $0.00 | Overvalued | |||||||
| Torex Gold Resources Inc | FRO.WT | 17-Nov-12 | PGM.WT | -1.18 | CRJ.WT | 2.86 | ROZ.WT | 0.81 | TCM.WT | 32.1% | BRD.WT | 0.98 | $0.67 | Overvalued | |||||||
| IA CLARINGTON ASTON... | NGD.WT.C | 28-Nov-12 | URB.WT.B | -1.25 | NGD.WT.C | 2.86 | FGX.WT.C | 0.82 | TID.WT | 31.8% | FNV.WT.A | 7.55 | $5.08 | Overvalued | |||||||
| Urbana Corporation | RML.WT | 29-Nov-12 | FRO.WT | -1.46 | APV.WT | 2.86 | EDV.WT.A | 0.83 | CRP.WT | 30.3% | DNA.WT | 0.7 | $0.46 | Overvalued | |||||||
| Uranerz Energy Corporati... | BIM.WT.A | 10-Dec-12 | CNM.WT | -1.52 | VZX.WT | 2.8 | GCM.WT | 0.92 | FNV.WT | 29.8% | PMI.WT.A | 0.12 | $0.08 | Overvalued | |||||||
| US Silver Corp | ZAZ.WT | 19-Dec-12 | GAA.WT | -1.65 | FT.WT.A | 2.67 | BAA.WT | 0.95 | FNV.WT.A | 29.8% | MGA.WT.A | 0.15 | $0.10 | Overvalued | |||||||
| Utility Corp. | AR.WT | 29-Dec-12 | BEV.WT | -1.71 | BIM.WT.A | 2.65 | BRD.WT | 0.98 | BRK.WT | 29.1% | BEV.WT | 0.28 | $0.17 | Overvalued | |||||||
| U S Gold | VZX.WT | 05-Jan-13 | TBP.WT | -1.75 | TCM.WT | 2.64 | URZ.WT | 1 | BNK.WT.A | 28.9% | TBP.WT | 0.03 | $0.02 | Overvalued | |||||||
| Vast Exploration Inc. | CMP.WT.B | 25-Jan-13 | GMC.WT | -1.8 | PNP.WT.B | 2.58 | RN.WT | 1 | TAO.WT | 27.4% | AAB.WT | 0.155 | $0.09 | Overvalued | |||||||
| Vuzix Corp | ML.WT.A | 29-Jan-13 | FEI.WT | -1.87 | PTA.WT.A | 2.47 | PDL.WT.B | 1.04 | NEW.WT | 26.1% | GMC.WT.A | 0.075 | $0.04 | Overvalued | |||||||
| World Financial Split... | ST.WT | 29-Apr-13 | OGE.WT | -1.92 | MB.WT | 2.44 | SUE.WT | 1.04 | AEM.WT.U | 25.5% | IE.WT | 0.49 | $0.27 | Overvalued | |||||||
| Western Canadian Coal... | CRJ.WT | 22-May-13 | XRG.WT | -2.00 | ST.WT | 2.41 | NEW.WT | 1.06 | BSC.WT | 25.5% | SSL.WT.A | 0.36 | $0.19 | Overvalued | |||||||
| M SPLIT CORP CAPITAL... | CCJ.WT.B | 05-Jun-13 | ZAZ.WT | -2.03 | MTO.WT | 2.41 | AR.WT | 1.07 | K.WT.D | 25.4% | GMC.WT.B | 0.03 | $0.02 | Overvalued | |||||||
| Xinergy Ltd. | PAU.WT | 05-Jul-13 | GMC.WT.A | -2.05 | AC.WT | 2.39 | AVL.WT | 1.12 | K.WT.C | 25.4% | NBD.WT | 0.7 | $0.36 | Overvalued | |||||||
| COMMERCE SPLIT CORP... | GLW.WT | 08-Jul-13 | MRS.WT | -2.05 | AC.WT | 2.39 | GAA.WT | 1.15 | K.WT.B | 25.4% | APV.WT | 0.07 | $0.03 | Very Overvalued | |||||||
| Yukon-Nevada Gold | PNP.WT.B | 11-Jul-13 | YNG.WT | -2.12 | EIF.WT | 2.35 | GAA.WT | 1.15 | GMF.WT | 25.0% | HAP.WT | 0.01 | $0.00 | Very Overvalued | |||||||
| Zazu Metals Corp | ANS.WT | 29-Jul-13 | COX.WT | -2.2 | BRD.WT.A | 2.33 | K.WT.B | 1.24 | XYM.WT | 25.0% | AA.WT | 0.11 | $0.05 | Very Overvalued | |||||||
| K.WT.C | 03-Sep-13 | EMC.WT | -2.34 | CZY.WT | 2.25 | PNP.WT.B | 1.4 | RED.WT | 25.0% | TID.WT | 0.15 | $0.06 | Very Overvalued | ||||||||
| SLW.WT.U | 05-Sep-13 | CCJ.WT.B | -2.41 | RN.WT | 2.24 | P.WT | 1.45 | TYF.WT | 23.2% | K.WT.C | 2.29 | $0.89 | Very Overvalued | ||||||||
| FRN.WT | 08-Sep-13 | K.WT.D | -2.51 | SSL.WT | 2.15 | AC.WT | 1.59 | ABK.WT | 22.7% | GCM.WT | 0.92 | $0.35 | Very Overvalued | ||||||||
| GAA.WT | 30-Nov-13 | RF.WT | -2.65 | TAO.WT | 2.13 | AC.WT | 1.59 | SBN.WT.A | 21.4% | ADM.WT | 0.37 | $0.14 | Very Overvalued | ||||||||
| AEM.WT.U | 02-Dec-13 | P.WT | -2.7 | MGA.WT.B | 2.09 | ABK.WT | 1.65 | CWB.WT | 20.9% | MGA.WT | 0.2 | $0.07 | Very Overvalued | ||||||||
| NBD.WT | 24-Dec-13 | UXG.WT | -2.84 | AEM.WT.U | 2.09 | BRK.WT | 1.68 | G.WT.G | 20.7% | URB.WT.B | 0.02 | $0.01 | Very Overvalued | ||||||||
| EDV.WT.A | 04-Feb-14 | PNP.WT.A | -2.89 | CWB.WT | 2.06 | DPM.WT | 1.8 | TCP.WT | 20.4% | TMB.WT | 0.42 | $0.14 | Very Overvalued | ||||||||
| ECU.WT | 20-Feb-14 | MGT.WT.U | -2.89 | TRX.WT | 2.04 | MAI.WT | 1.83 | COX.WT | 20.4% | K.WT.B | 1.24 | $0.31 | Very Overvalued | ||||||||
| CWB.WT | 02-Mar-14 | NOT.WT | -3.01 | ROZ.WT | 2.01 | PDL.WT.A | 2.15 | RF.WT | 20.0% | MTO.WT | 0.185 | $0.04 | Very Overvalued | ||||||||
| BWR.WT.A | 09-Apr-14 | K.WT.B | -3.7 | SUE.WT | 1.99 | FGX.WT.B | 2.16 | CMP.WT.A | 20.0% | NOT.WT | 0.265 | $0.05 | Very Overvalued | ||||||||
| SSL.WT | 23-Apr-14 | RML.WT | -3.74 | EDR.WT | 1.98 | K.WT.C | 2.29 | CZY.WT | 20.0% | PDP.WT | 0.105 | $0.02 | Very Overvalued | ||||||||
| BRK.WT | 27-May-14 | GMC.WT.B | -4.05 | SSL.WT.A | 1.97 | CMP.WT.A | 2.45 | CMP.WT.B | 20.0% | PGM.WT | 0.07 | $0.01 | Very Overvalued | ||||||||
| FGX.WT.B | 30-Jun-14 | BIM.WT | -4.36 | MFL.WT | 1.92 | TAO.WT | 2.7 | TRX.WT | 18.1% | ZAZ.WT | 0.055 | $0.01 | Very Overvalued | ||||||||
| USA.WT | 10-Jul-14 | MGA.WT | -4.37 | BRD.WT | 1.88 | ML.WT.A | 2.74 | TRX.WT.A | 18.1% | ANS.WT | 0.25 | $0.03 | Very Overvalued | ||||||||
| MAI.WT | 19-Aug-14 | NGD.WT.A | -4.83 | ECU.WT | 1.82 | NGD.WT.A | 3.04 | FGX.WT.B | 17.8% | RED.WT | 0.08 | $0.01 | Very Overvalued | ||||||||
| K.WT.D | 17-Sep-14 | NGD.WT.B | -4.83 | NBD.WT | 1.82 | EDR.WT | 3.48 | FGX.WT.C | 17.8% | RML.WT | 0.025 | $0.00 | Very Overvalued | ||||||||
| AA.WT | 07-Oct-14 | DPM.WT | -5.08 | PMI.WT | 1.8 | CKG.WT | 3.75 | FSS.WT | 17.3% | MRS.WT | 0.105 | $0.01 | Very Overvalued | ||||||||
| PTA.WT.A | 08-Oct-14 | MGA.WT.A | -5.27 | MAI.WT | 1.69 | QUX.WT | 3.79 | CIQ.WT | 17.1% | GPD.WT | 0.16 | $0.01 | Very Overvalued | ||||||||
| BPV.WT | 09-Oct-14 | GLW.WT | -5.4 | AA.WT | 1.68 | BNK.WT.A | 4.7 | OCB.WT | 16.2% | BIM.WT | 0.1 | $0.00 | Very Overvalued | ||||||||
| MGA.WT.B | 26-Oct-14 | CCJ.WT | -5.51 | BRK.WT | 1.63 | K.WT.D | 4.78 | TBP.WT | 16.1% | CZY.WT | 0.14 | $0.01 | Very Overvalued | ||||||||
| GLD.WT | 27-Oct-14 | CRP.WT | -5.83 | BPV.WT | 1.6 | TCM.WT | 4.97 | MID.WT | 14.1% | CMT.WT | 0.025 | $0.00 | Very Overvalued | ||||||||
| BRD.WT.A | 19-Nov-14 | KAT.WT | -7.25 | SLW.WT.U | 1.58 | G.WT.G | 5.12 | SCP.WT | 12.9% | CCJ.WT | 0.005 | $0.00 | Very Overvalued | ||||||||
| BRD.WT | 19-Nov-14 | TMB.WT | -8.27 | DPM.WT.A | 1.46 | MFL.WT | 5.4 | HCF.WT | 12.1% | CCJ.WT.A | 0.005 | $0.00 | Very Overvalued | ||||||||
| NOT.WT | 16-Dec-14 | CCJ.WT.A | -8.31 | BNK.WT.A | 1.45 | FNV.WT | 5.65 | HAP.WT | 12.1% | CCJ.WT.B | 0.01 | $0.00 | Very Overvalued | ||||||||
| NQ.WT | 21-Dec-14 | YCM.WT | -8.76 | FR.WT.B | 1.42 | DPM.WT.A | 6.8 | OGE.WT | 11.8% | CRP.WT | 0.005 | $0.00 | Very Overvalued | ||||||||
| PMI.WT | 23-Feb-15 | ANS.WT | -9.55 | PAU.WT | 1.39 | EIF.WT | 7.37 | MSP.WT | 11.6% | DML.WT.A | 0.05 | $0.00 | Very Overvalued | ||||||||
| LRT.WT | 05-Mar-15 | WFS.WT.A | -10.25 | ML.WT.A | 1.37 | CSI.WT | 7.44 | HBB.WT | 11.4% | EDV.WT.C | 0.03 | $0.00 | Very Overvalued | ||||||||
| RN.WT | 08-Mar-15 | SBN.WT.A | -10.35 | SLW.WT.B | 1.33 | FNV.WT.A | 7.55 | OBF.WT | 11.1% | KAT.WT | 0.025 | $0.00 | Very Overvalued | ||||||||
| MB.WT | 30-Mar-15 | YCM.WT.A | -11.26 | GLD.WT | 1.3 | WTN.WT | 8.9 | EIF.WT | 11.1% | OGE.WT | 0.005 | $0.00 | Very Overvalued | ||||||||
| P.WT | 19-Jul-15 | PNP.WT | -11.39 | WTN.WT | 1.3 | FR.WT.B | 8.97 | RTU.WT | 10.6% | OSU.WT.B | 0.005 | $0.00 | Very Overvalued | ||||||||
| GCM.WT | 24-Aug-15 | XMF.WT.A | -12.2 | CSI.WT | 1.28 | CWB.WT | 13.33 | UTC.WT | 10.3% | SBN.WT.A | 0.1 | $0.00 | Very Overvalued | ||||||||
| SSL.WT.A | 19-Oct-15 | K.WT.C | -13.21 | USA.WT | 1.25 | SLW.WT.U | 24.85 | SCI.WT | 10.3% | WFS.WT.A | 0.035 | $0.00 | Very Overvalued | ||||||||
| DPM.WT.A | 20-Nov-15 | EDV.WT.C | -14.17 | BWR.WT.A | 1.23 | SLW.WT.B | 29.5 | CCJ.WT | 10.0% | YCM.WT | 0.205 | $0.00 | Very Overvalued | ||||||||
| GAA.WT | 30-Nov-15 | OSU.WT.B | -15.19 | GCM.WT | 0.63 | AEM.WT.U | 40.69 | CCJ.WT.A | 10.0% | YCM.WT.A | 0.075 | $0.00 | Very Overvalued | ||||||||
| FNV.WT.A | 16-Jun-17 | DML.WT.A | -26.66 | BSC.WT | nt | BSC.WT | nt | CCJ.WT.B | 10.0% | BSC.WT | nt | $4.75 | Not Trading | ||||||||
| NGD.WT.A | 28-Jun-17 | FNV.WT.A | -41.36 | CMP.WT.B | nt | CMP.WT.B | nt | CTF.WT | 9.1% | CMP.WT.B | nt | $2.36 | Not Trading | ||||||||