written by reader Sandstorm warrants

By Anonymous Questions, March 16, 2014

I have quite a lot of Sandstorm 2014 April 23rd expiry. Warrants.
they are currently losing against what I paid for them. I don`t expect personal advice, but just to know what choices there are with ANY warrant up to and including stated date.

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Travis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe

With most warrants, the two choices are that you can sell them, or you can exercise them. If you’re a Canadian and hold the warrants on the Canadian exchange, you can probably exercise them … if you’re a foreign investor you probably cannot, at least not easily, so you most likely would have to sell them. They’ll be bought at close to real value by someone who could then exercise them — since they expire next month there is no real time value left in the warrants, they’re worth what they would be worth to someone who wants to exercise… Read More ยป

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