Warrant Values for Funds, Trusts or Companies holding a basket of stocks for the week of December 12th, 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 | 10,170,907.30 | URB.WT | 11-Jan-09 | TRT.WT | -0.22 | CIW.WT | 650 | CIW.WT | 0.005 | CNM.WT | 402.4% | CIW.WT | 0.005 | $1.93 | Bargain | ||||||
| The last day the warrants | Global Agribusiness Trust | 12,640,000.00 | FTF.WT | 30-Jan-09 | OGN.WT | -0.25 | CPM.WT | 560 | CBK.WT | 0.005 | TRT.WT | 309.5% | GRE.WT | 0.01 | $1.15 | Bargain | ||||||
| can be exercised. If | Atlas Minerals | 292,360.36 | ECG.WT | 20-Feb-09 | OGF.WT | -0.36 | GRE.WT | 482 | CBB.WT | 0.005 | CIW.WT | 254.4% | EPD.WT | 0.015 | $1.63 | Bargain | ||||||
| warrants aren't being | Ainsworth Lumber | 90,488,069.00 | MLY.WT | 16-Apr-09 | AOG-WT | -0.43 | PME.WT | 460 | FIT.WT | 0.005 | CIW.WT.A | 254.4% | FTF.WT | 0.01 | $1.08 | Bargain | ||||||
| exercised then they | Brompton Adv Oil & Gas Inc Fund | 40,193,521.26 | FIT.WT | 29-Apr-09 | AAB.WT | -0.9 | FTF.WT | 425 | CPM.WT | 0.005 | GBP.WT | 220.1% | RF.WT | 0.06 | $5.61 | Bargain | ||||||
| must be sold the day | Acuity Small Cap | 8,190,000.00 | AV-WT | 27-May-09 | VIP.WT | -0.94 | FTF.WT | 425 | URB.WT.A | 0.005 | GBP.WT.A | 220.1% | CIW.WT.A | 0.03 | $2.80 | Bargain | ||||||
| before the expiry date. | Brompton Adv VIP Inc Fund | 123,262,058.07 | AOG-WT | 27-May-09 | TCP.WT | -1.05 | CBK.WT | 300 | CNM.WT | 0.005 | CBK.WT | 210.3% | CBK.WT | 0.005 | $0.44 | Bargain | ||||||
| The longer the time to | Avnel Gold Mining | 3,239,475.93 | VIP.WT | 27-May-09 | AV-WT | -1.06 | DPF.WT | 280 | MLY.WT | 0.005 | CBK.WT.A | 210.3% | ASF.WT | 0.01 | $0.59 | Bargain | ||||||
| expiry the more | Banro Corp | 68,987,136.92 | OGF.WT | 27-May-09 | URB.WT.A | -2.43 | FIT.WT | 280 | TRT.WT | 0.005 | FGX.WT | 208.0% | XHM.WT | 0.03 | $1.77 | Bargain | ||||||
| valuable the warrants. | Baja Mining Corp | 23,605,615.61 | CPM.WT | 29-May-09 | URB.WT | -2.43 | RF.WT | 275 | PME.WT | 0.005 | FGX.WT | 208.0% | DPF.WT | 0.01 | $0.56 | Bargain | ||||||
| Bear Creek Mining | 72,094,129.90 | CBK.WT | 30-Jun-09 | CNM.WT | -2.52 | URB.WT.A | 264 | ECG.WT | 0.005 | FIT.WT | 206.7% | CBK.WT.A | 0.02 | $1.01 | Bargain | |||||||
| Leverage | Baffinland Iron Mns Corp | 26,639,919.54 | PME.WT | 30-Jun-09 | PNP.WT.B | -3.12 | URB.WT | 264 | URB.WT | 0.005 | FIT.WT.A | 206.7% | CBB.WT | 0.005 | $0.21 | Bargain | ||||||
| The leverage of a warrant | Bioniche Life Sciences Inc | 23,771,081.52 | URB.WT.A | 12-Jul-09 | OGE.WT | -3.5 | AV-WT | 253.2 | GRE.WT | 0.01 | ASF.WT | 174.6% | FIT.WT | 0.005 | $0.17 | Bargain | ||||||
| is a measure of how much | Bankers Petroleum | 118,822,778.55 | GBP.WT | 31-Jul-09 | FGX.WT | -3.79 | MLY.WT | 250 | FTF.WT | 0.01 | CRP.WT | 172.0% | AV-WT | 0.025 | $0.75 | Bargain | ||||||
| you can increase your | Blue Sky Uranium | 647,605.00 | CIW.WT | 31-Aug-09 | FGX.WT | -3.79 | CBB.WT | 240 | ASF.WT | 0.01 | HAY.WT | 169.7% | CPM.WT | 0.005 | $0.14 | Bargain | ||||||
| exposure to a share if | Breakwater Resources | 35,720,600.32 | XHM.WT | 30-Oct-09 | CBK.WT | -3.85 | EPD.WT | 233.33 | DPF.WT | 0.01 | MLY.WT | 161.0% | GBP.WT | 0.02 | $0.54 | Bargain | ||||||
| you bought warrants | Calstar Oil & Gas Ltd | 9,316,299.09 | FGX.WT | 30-Oct-09 | CBK.WT.A | -3.95 | ASF.WT | 195 | FTF.WT | 0.01 | GUR.WT | 153.5% | CPM.WT.A | 0.03 | $0.75 | Bargain | ||||||
| instead of making a | Copernican British Banks Fund | 26,400,000.00 | GRE.WT | 31-Oct-09 | CIW.WT | -4.32 | GFT.WT | 190 | EPD.WT | 0.015 | XHM.WT | 149.6% | GBP.WT.A | 0.045 | $1.09 | Bargain | ||||||
| direct investment. It is | Coalcorp Mining | 42,386,727.01 | FRE.WT | 9-Nov-09 | GFT.WT | -4.4 | XHM.WT | 166.67 | CBK.WT.A | 0.02 | AAB.WT | 145.2% | FRE.WT | 0.025 | $0.57 | Bargain | ||||||
| calculated dividing the | Caspian Energy | 4,260,683.21 | OGN.WT | 30-Nov-09 | CIW.WT.A | -4.4 | FRE.WT | 129.2 | GBP.WT | 0.02 | PNP.WT.A | 141.5% | GFT.WT | 0.02 | $0.45 | Bargain | ||||||
| current share price by | Challenger Energy Corp | 67,427,648.79 | UF.WT | 15-Dec-09 | GBP.WT | -4.43 | CIW.WT.A | 108.33 | GFT.WT | 0.02 | PNP.WT | 141.5% | AOG-WT | 0.035 | $0.73 | Bargain | ||||||
| the current price of the | Chesapeake Gold | 79,813,999.78 | ASF.WT | 15-Jan-10 | GBP.WT.A | -4.53 | VIP.WT | 107.27 | PNP.WT | 0.02 | PNP.WT.B | 141.5% | AGB.WT | 0.07 | $1.38 | Bargain | ||||||
| warrant. | C M P Gold Trust | 17,470,815.00 | HAY.WT | 26-Feb-10 | CPM.WT | -4.85 | CPM.WT.A | 93.33 | AV-WT | 0.025 | ECG.WT | 137.3% | FGX.WT | 0.24 | $4.64 | Bargain | ||||||
| Creston Moly | 7,866,179.56 | FIT.WT.A | 30-Apr-10 | CPM.WT.A | -4.95 | AOG-WT | 93.14 | FRE.WT | 0.025 | EPD.WT | 134.1% | HAY.WT | 0.105 | $1.85 | Bargain | |||||||
| Intrinsic Value | Canadian Income Mgmt Tr | 392,280.64 | CPM.WT.A | 31-May-10 | XHM.WT | -5.35 | GBP.WT | 76 | CIW.WT.A | 0.03 | CBB.WT | 132.3% | URB.WT.A | 0.005 | $0.09 | Bargain | ||||||
| The difference between | Coxe Commodity Strategy Fund | 162,437,500.00 | FGX.WT | 31-May-10 | GRE.WT | -5.43 | CBK.WT.A | 75 | XHM.WT | 0.03 | AGB.WT | 130.0% | CNM.WT | 0.005 | $0.08 | Bargain | ||||||
| the exercise price and | Copernican Int'l Premium Dividend Fund | 19,558,000.00 | CBB.WT | 14-Jun-10 | COX.WT | -5.6 | ECG.WT | 67.6 | CPM.WT.A | 0.03 | FRE.WT | 128.3% | FGX.WT | 0.24 | $3.71 | Bargain | ||||||
| the actual trading price | Claude Resources | 28,162,488.70 | CBK.WT.A | 30-Jun-10 | FIT.WT | -5.75 | AGB.WT | 45.14 | PNP.WT.A | 0.03 | GRE.WT | 120.1% | FIT.WT.A | 0.055 | $0.79 | Bargain | ||||||
| of the common stock. | Ceres Global Ag Corp | 36,875,638.80 | GUR.WT | 30-Jun-10 | FIT.WT.A | -5.85 | HAY.WT | 36.67 | AOG-WT | 0.035 | CPM.WT | 110.3% | GUR.WT | 0.04 | $0.34 | Bargain | ||||||
| Once the common has | Colossus Minerals | 21,139,694.00 | GFT.WT | 5-Jul-10 | UF.WT | -5.94 | OGN.WT | 35.61 | GUR.WT | 0.04 | CPM.WT.A | 110.3% | VIP.WT | 0.055 | $0.47 | Bargain | ||||||
| gone over the exercise | Central Sun Mining | 8,277,388.52 | FTF.WT | 30-Jul-10 | FTF.WT | -6 | GBP.WT.A | 33.78 | GBP.WT.A | 0.045 | DPF.WT | 108.2% | OGF.WT | 0.1 | $0.72 | Bargain | ||||||
| price the warrants are | Copper Mountain | 11,030,597.00 | GBP.WT.A | 31-Jul-10 | FTF.WT | -6 | OGF.WT | 33.5 | FIT.WT.A | 0.055 | URB.WT.A | 106.7% | PNP.WT.A | 0.03 | $0.21 | Bargain | ||||||
| said to be 'in the money'. | Copper Mesa Mining | 2,053,463.12 | OCF.WT | 31-Jul-10 | PNP.WT.A | -6.12 | GUR.WT | 30 | VIP.WT | 0.055 | URB.WT | 106.7% | PNP.WT | 0.02 | $0.13 | Bargain | ||||||
| Crosshair Exploration & Mining Corp | 9,934,661.63 | DPF.WT | 13-Aug-10 | HAY.WT | -6.15 | OGE.WT | 29.31 | AAB.WT | 0.055 | CMP.WT.A | 98.4% | MLY.WT | 0.005 | $0.03 | Bargain | |||||||
| Volatility | Davie Yards | 9,348,465.00 | CIW.WT.A | 31-Aug-10 | MLY.WT | -6.25 | FGX.WT | 25.88 | RF.WT | 0.06 | CMP.WT.B | 98.4% | COX.WT | 0.275 | $1.10 | Bargain | ||||||
| The higher the volatility | Dioro Exploration | 22,895,102.50 | TRT.WT | 10-Oct-10 | EPD.WT | -6.5 | FGX.WT | 25.88 | CRP.WT | 0.06 | AOG-WT | 98.4% | CMP.WT.A | 0.29 | $1.15 | Bargain | ||||||
| rating the higher the price | Denison Mines | 169,115,606.15 | EPD.WT | 12-Nov-10 | AGB.WT | -6.84 | FIT.WT.A | 25.45 | AGB.WT | 0.07 | FTF.WT | 95.7% | OGN.WT | 0.33 | $1.30 | Bargain | ||||||
| of the warrant will be. | Dynamite Resources | 6,812,100.00 | AGB.WT | 30-Nov-10 | OCF.WT | -6.95 | UF.WT | 20.6 | PNP.WT.B | 0.07 | FTF.WT | 95.7% | PNP.WT.B | 0.07 | $0.27 | Bargain | ||||||
| A measure of actual | DPF India Opportunities Fund | 69,168,400.00 | CRP.WT | 21-Dec-10 | RF.WT | -7.25 | COX.WT | 20.55 | OGF.WT | 0.1 | PME.WT | 94.1% | TRT.WT | 0.005 | $0.02 | Bargain | ||||||
| stock price changes over | Dundee Precious Metals | 96,076,033.90 | OGE.WT | 31-Dec-10 | ECG.WT | -7.31 | PNP.WT | 19.25 | UF.WT | 0.1 | OGF.WT | 92.1% | OGE.WT | 0.29 | $1.00 | Bargain | ||||||
| a specific period of time. | Envoy Capital Group Inc | 16,933,909.85 | CMP.WT.A | 25-Jan-11 | FRE.WT | -7.77 | CNM.WT | 16 | HAY.WT | 0.105 | UF.WT | 88.4% | PME.WT | 0.005 | $0.01 | Bargain | ||||||
| Historical volatility is | Etruscan Resources | 37,672,180.53 | TCP.WT | 28-Feb-11 | CMP.WT.A | -8.07 | CMP.WT.A | 13.55 | FGX.WT | 0.24 | GFT.WT | 64.6% | TCP.WT | 0.9 | $1.98 | Bargain | ||||||
| calculated by using the | EarthFirst | 2,582,595.45 | COX.WT | 31-May-11 | CBB.WT | -8.8 | PNP.WT.A | 12.83 | FGX.WT | 0.24 | RF.WT | 63.6% | AAB.WT | 0.055 | $0.06 | Fair Market Value | ||||||
| standard deviation of an | Eastern Platinum Limited | 207,450,811.48 | RF.WT | 30-Sep-11 | GUR.WT | -9.05 | TCP.WT | 10.22 | COX.WT | 0.275 | AV-WT | 63.3% | UF.WT | 0.1 | $0.10 | Fair Market Value | ||||||
| underlying stock price. | European Premium Dividend | 10,447,850.00 | CNM.WT | 28-Feb-12 | PME.WT | -9.7 | OCF.WT | 9.43 | CMP.WT.A | 0.29 | COX.WT | 59.3% | FTF.WT | 0.01 | $0.00 | Very Overvalued | ||||||
| Erdene Gold | 14,723,094.71 | PNP.WT | 16-Apr-12 | DPF.WT | -9.7 | PNP.WT.B | 5.5 | OGE.WT | 0.29 | OCF.WT | 58.2% | OCF.WT | 0.35 | $0.14 | Very Overvalued | |||||||
| In the Money | Fortress Energy Inc | 6,755,072.00 | AAB.WT | 6-Jun-12 | ASF.WT | -10.05 | TRT.WT | 4 | OGN.WT | 0.33 | VIP.WT | 47.4% | CRP.WT | 0.06 | $0.01 | Very Overvalued | ||||||
| When the price of the | Faircourt Gold Income | 14,568,660.00 | PNP.WT.A | 23-Oct-12 | CMP.WT.B | -11.07 | AAB.WT | 1.82 | OCF.WT | 0.35 | TCP.WT | 36.5% | ECG.WT | 0.005 | $0.00 | Very Overvalued | ||||||
| common is higher than | Int'l Fin. Income and Growth Trust | 2,447,558.40 | CMP.WT.B | 25-Jan-13 | CRP.WT | -13.44 | CRP.WT | 1 | TCP.WT | 0.9 | OGE.WT | 35.9% | URB.WT | 0.005 | $0.00 | Very Overvalued | ||||||
| the exercise price | Franco-Nevada | 1,878,619,000.00 | PNP.WT.B | 11-Jul-13 | PNP.WT | -14.62 | CMP.WT.B | nt | CMP.WT.B | nt | OGN.WT | 25.0% | CMP.WT.B | nt | $1.91 | Not Trading | ||||||
| First Majestic Silver Corp | 113,624,911.40 | |||||||||||||||||||||
| At the Money | Front Street Resource Perf. Fund | 51,957,066.17 | ||||||||||||||||||||
| When the price of the | Fortune Minerals | 23,040,048.15 | ||||||||||||||||||||
| underlying is equivalent | Focused Global Trends Fund | 20,100,936.00 | ||||||||||||||||||||
| or close to the strike price. | Fralex Therapeutics Inc | 316,235.96 | ||||||||||||||||||||
| Goldcorp | 24,787,146,219.08 | |||||||||||||||||||||
| Exercise ratio | Great Basin | 307,924,246.08 | ||||||||||||||||||||
| The number of warrants | Global Banks Premium Income Trust | 6,943,112.24 | ||||||||||||||||||||
| related to one share and | Distinction Group | 54,766,746.00 | ||||||||||||||||||||
| specifies the amount of | Connor Clark & Lunn Global Financials Fund II | 58,287,751.60 | ||||||||||||||||||||
| underlying that the owner | Gold Wheaton | 228,859,808.66 | ||||||||||||||||||||
| of a single warrant is | Geovic Mining Corp | 56,596,477.30 | ||||||||||||||||||||
| entitled to buy. | Golden Predator | 13,967,747.38 | ||||||||||||||||||||
| Gold Point Energy Corp | 672,965.48 | |||||||||||||||||||||
| Time Value | Sentry Select Global Real Estate | 15,165,648.00 | ||||||||||||||||||||
| The time value is the | Global Uranium | 11,765,280.00 | ||||||||||||||||||||
| difference between the | Stone Agribusiness | 16,601,627.35 | ||||||||||||||||||||
| current warrant price | Hudbay | 224,276,458.56 | ||||||||||||||||||||
| and its intrinsic value. | High Desert Gold Corp | 9,720,000.00 | ||||||||||||||||||||
| The time value is to be | High River Gold Mines | 33,869,567.38 | ||||||||||||||||||||
| interpreted as the | I C S Copper Systems Ltd | 891,416.07 | ||||||||||||||||||||
| consideration paid for | Ivanhoe Energy | 125,711,963.46 | ||||||||||||||||||||
| the advantage that the | I M A Exploration | 15,900,279.52 | ||||||||||||||||||||
| warrant buyer has over | International Nickel | 8,101,651.20 | ||||||||||||||||||||
| the direct investor. It | Ivory Energy | 2,384,205.10 | ||||||||||||||||||||
| is greatest when the | Kinross | 12,603,710,734.86 | ||||||||||||||||||||
| warrants are 'at the money' | Katanga Mining | 79,424,138.26 | ||||||||||||||||||||
| but decreases as the | Labrador Iron Mines | 23,057,450.65 | ||||||||||||||||||||
| exercise date draws closer. | Added Capital | 5,152,761.92 | ||||||||||||||||||||
| The decreased value is | Marathon PGM | 10,840,629.36 | ||||||||||||||||||||
| called time decay and | Melco China Resorts (Holding) Ltd. | 3,497,573.76 | ||||||||||||||||||||
| decreases at a faster | M D N Inc | 55,867,138.56 | ||||||||||||||||||||
| pace as the expiry date | Metrobridge Networks | 1,376,374.44 | ||||||||||||||||||||
| draws closer. | Mega Uranium | 110,481,471.88 | ||||||||||||||||||||
| Mines Management | 34,119,330.00 | |||||||||||||||||||||
| Mercator Minerals Ltd | 33,287,186.82 | |||||||||||||||||||||
| Sprott Molybdenum Part. Corp. | 55,610,390.00 | |||||||||||||||||||||
| Markland AGF Precious Metals... | 12,877,700.00 | |||||||||||||||||||||
| Metanor Resources | 30,836,271.06 | |||||||||||||||||||||
| Metallic Ventures Gold | 14,037,703.65 | |||||||||||||||||||||
| New Gold Inc. | 364,426,732.04 | |||||||||||||||||||||
| Oilsands Canada Corp | 15,002,130.00 | |||||||||||||||||||||
| Oroco Resource Corp | 1,931,546.47 | |||||||||||||||||||||
| O'Leary Global Equity Income | 31,110,000.00 | |||||||||||||||||||||
| Brompton Oil & Gas Inc Fund | 72,930,806.50 | |||||||||||||||||||||
| Osisko Exploration | 453,312,140.40 | |||||||||||||||||||||
| Orsu Metals | 43,387,376.57 | |||||||||||||||||||||
| Olympus Pacific Minerals Inc | 13,943,572.86 | |||||||||||||||||||||
| RailPower | 11,891,831.12 | |||||||||||||||||||||
| Palo Duro Energy | 791,984.22 | |||||||||||||||||||||
| North American Palladium Ltd. | 160,704,280.52 | |||||||||||||||||||||
| Phoenix Coal Inc. | 18,000,992.16 | |||||||||||||||||||||
| Primary Petroleum | 1,849,644.75 | |||||||||||||||||||||
| Sentry Select Primary Metals | 39,484,100.00 | |||||||||||||||||||||
| Pinetree Capital | 50,555,885.38 | |||||||||||||||||||||
| Potash North | 1,316,000.50 | |||||||||||||||||||||
| Petro Rubiales Energy | 564,432,251.40 | |||||||||||||||||||||
| ProSep | 6,255,656.60 | |||||||||||||||||||||
| Quadra Mining | 180,721,790.92 | |||||||||||||||||||||
| Redcorp Ventures | 17,926,027.70 | |||||||||||||||||||||
| CA Bancorp Canadian Realty Finance Corp | 552,096.00 | |||||||||||||||||||||
| Rusoro Mining | 73,209,897.01 | |||||||||||||||||||||
| Ranaz Corp | 5,412,877.65 | |||||||||||||||||||||
| Rye Patch Gold | 64,276,286.13 | |||||||||||||||||||||
| Silver Wheaton | 1,264,479,401.60 | |||||||||||||||||||||
| S M T C Mfg Corp of Can | 534,263.10 | |||||||||||||||||||||
| Salazar Resources | 4,181,212.03 | |||||||||||||||||||||
| Stingray Resources | 13,506,975.86 | |||||||||||||||||||||
| Stornoway Diamonds | 15,905,844.22 | |||||||||||||||||||||
| Thompson Creek Metals | 528,940,654.56 | |||||||||||||||||||||
| Trident Performance Corp | 29,222,364.80 | |||||||||||||||||||||
| Tembec | 100,000,000.00 | |||||||||||||||||||||
| TSO3 Inc | 12,683,801.53 | |||||||||||||||||||||
| TriNorth Capital Inc. | 3,014,946.34 | |||||||||||||||||||||
| Terrane Metals | 12,451,835.00 | |||||||||||||||||||||
| Uranium Focused | 38,798,320.16 | |||||||||||||||||||||
| Urbana | 90,204,288.24 | |||||||||||||||||||||
| U S Gold | 72,599,309.76 | |||||||||||||||||||||
| Visible Gold Mines | 1,522,195.74 | |||||||||||||||||||||
| Brompton VIP Income Fund | 278,921,573.70 | |||||||||||||||||||||
| VisionSky Corp | 201,316.67 | |||||||||||||||||||||
| Western Canada Coal | 100,010,748.60 | |||||||||||||||||||||
| Star Hedge Managers Corp | 37,500,000.00 | |||||||||||||||||||||
| Yukon-Nevada Gold | 5,563,512.90 | |||||||||||||||||||||
| Yamana Gold | 4,964,542,857.12 | |||||||||||||||||||||
| Zazu Metals Corp | 1,533,188.55 | |||||||||||||||||||||
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(1). (2).
(3) see Notes
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