Replies to post #243291 on Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

Here's the info from Wheaton's web site. Do you know of anything else?

http://www.wheatonriver.com/corporate_info/

WHT.WS - 2007 Warrants (962902144)
Each Warrant can be exercised into one Common Share for C$1.65, this can be done anytime before the expiry date, May 30th, 2007.
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Hmmmmmm!
That almost looks to good to be possible. Such a deal! Makes me wonder why anyone would buy the common shares. However, never having owned warants, I have to admit that I'm out of my element here and if you don't mind, I'm going to forward your posts to mlsoft, who I know owns WHT warrants and who may be able to better furnish you with his thoughts.

[onesevenus]

This post has the complete explanation:

All outstanding warrants of Wheaton River will be exercisable on similar share exchange terms as offered by IAMGOLD for Wheaton River's common shares.

For example 100 Wheaton River warrants with a C$1.65 exercise price expiring on May 30, 2007 would be exercisable for 55 IAMGOLD common shares with a C$3.00 exercise price expiring on May 30, 2007.

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=1603010843&tid=wht&sid=1....