Zeev's Turnips Patch-No Politics (ZEEV)

[longdong_63]

mlsoft...WHT/WS the strike is 1.65CAD (1.23 USD) with 5/30/07 expiration. At roughly .50 versus the common 1.25, your .50 is all time premium. Should you hold them until maturity you need 1.73 on the common to break even since they will erode in a flat market over time. Will gold stay flat for 4 years? ROFL!! I don't think so...there will be some "event" that will take place by then to set things into motion. Real Estate maybe? USD? Bond bubble popping? Too many potential catalysts to list.