Warrants On Maple Gold Mines – Worth A Shot?

By Dudley Pierce Baker
CommonStockWarrants.com

Bob Moriarty , 321Gold.com, has written about Maple Gold Mines, TSXV:MGM on several occasions:

Maple Gold for $6 an Ounce US and I was wrong about an Oct crash (October 31, 2019)
Bob Moriarty Talks Gold, Irving, Novo, Maple Gold and More (October 8, 2019)
Maple Gold for $3.02 an Ounce US (October 1, 2019)


The share price is been really strong lately and the company just announced more advanced activity at their Douay property.

“Maple Gold Mines Ltd. has engaged Computational Geosciences Inc. (CGI) to complete a new and expanded artificial intelligence study for targeting high-grade gold at Douay.”

The question now, is it time to buy the shares or perhaps the stock warrants?

Frequently overlooked by investors are stock warrants trading, if any, on their favorite companies. In this case, Maple Gold Mines does have stock warrants trading, TSXV:MGM.WT

The exercise price is C$0.40 and the warrants will expire on June 27, 2022.

If the shares continue to trade below C$0.40 through the expiration date the warrants are and will be worthless.

However, what if, in the next two years Maple Gold has some great drill results and the shares skyrocket. This brings in the potential for outrageous gains with the additional leverage with the stock warrants.

 

A few projections for you:

Projections for Common shares                   
  
.50             .60         .75          1.00         1.50
As of July 9, 2020 – C$0.17

Gain on shares                                                .33             .43         .58            .83         1.33
Percentage gain                                             194%        253%      341%       488%       782%

Warrant Estimated Values                             .10              .20         .35           .60           1.10

Today’s price of warrants   C$0.07

Gain on warrants                                           .03             .13         .28            .53            1.03

Percentage gains                                           43%           186%     400%       757%         1471%

 

I suggest there are three (3) ways to play an investment of $5,000 or more in MGM and MGM.WT

1. Buy $5,000 worth of the common shares (conservative)
2. Buy $5,000 worth of the stock warrants (risky)
3. Hedge your investment of $5,000 by allocating 60% to the common shares and 40% to the stock warrants. In this case, a move in the common shares to .40 or above you will be a winner even if the warrants expire worthless, but a move in the common shares over 1.25 or more you will be taking home a 10 bagger. (hedge)

In full disclosure, I own the common shares and stock warrants in approximately the same ratio as above.

Cautionary Note: When placing orders for stock warrants or the mining shares, I always suggest using LIMIT ORDERS and GOOD Til Canceled. Don't chase the prices higher and use common sense when placing your orders.

There are many great opportunities with stock warrants currently trading and included in my stock warrant databases.  If you would like more information on stock warrants, I encourage you to visit my website and pick up your free copy of The Stock Warrant Handbook: Your Personal Guide To Trading Stock Warrants.

Warrantless but not unwarranted: Therapeutics Acquisition prices first ever SPAC IPO of common shares

Note from Dudley Pierce Baker, CommonStockWarrants.com

I just saw this article out today and wanted to share it will my followers.
If you follow the SPAC's, blank check companies, this is the first offering
without a stock warrant. Only shares were issued, not units, and thus no warrants
which we frankly love to see as they are included in our database. I kind of doubt
this will become a trend but I will be watching.

Warrantless but not unwarranted: Therapeutics Acquisition prices first ever SPAC IPO of common shares

July 8, 2020

2020's blank check boom hit another major milestone with Therapeutics Acquisition (TXAC).

For the first time in their roughly 20-year history, a SPAC has completed an IPO by selling common shares rather than units, signaling ever-greater demand in the space. SPAC offerings normally include units consisting of shares of common stock and tradable warrants. Therapeutics Acquisition marks a notable first, but it is also part of a trend, with more SPACs this year lowering their warrant component to 1/3 and 1/4 warrants.

2020 SPAC milestones

  • The first ever SPAC IPO of common shares: Therapeutics Acquisition (TXAC)
  • The largest SPAC ever to go public: Churchill Capital Corp III (CCXXU)
  • The largest SPAC ever to file for an IPO: Pershing Square Tontine (PSTH.U)
  • The biggest quarter ever by proceeds (tied for most deals): 2Q20, 24 SPACs and $7.2 billion
  • On pace for a record year in 2020
  • Several companies have chosen SPAC listings over IPOs

 

Therapeutics Acquisition Corp., Sponsored by RA Capital Management, L.P., Announces Pricing of Upsized $118 Million Initial Public Offering

BOSTON--(BUSINESS WIRE)--Therapeutics Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 11,800,000 shares of Class A common stock at $10.00 per share. The shares will be listed on the Nasdaq Capital Market and trade under the ticker symbol “TXAC” beginning July 8, 2020. The Company expects the offering to be consummated on July 10, 2020.

The Company, sponsored by RA Capital Management, L.P., is led by Chairman and CEO Peter Kolchinsky PhD and CFO Matthew Hammond PhD. The Company is a blank check company formed for the purpose of effecting a business combination with one or more businesses in the healthcare industry.

Jefferies LLC is serving as the sole book runner for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 1,770,000 shares of Class A common stock at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10002, by telephone: 877-821-7388 or by email: Prospectus_Department@Jefferies.com.

Registration statements relating to these securities became effective on July 7, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

RA Capital Management, L.P.
Matthew Hammond
617-778-2540

The Warrant Report: Great Articles For Your Immediate Attention

By Dudley Pierce Baker
Founder - Editor
http://CommonStockWarrants.com

Hello Investors,

There are so many interesting opportunities for trading stock warrants.

I am currently researching a long-term (10 year right) which is available on Pan American Silver which a subscriber brought to my attention. Finding the details as been a challenge, but I found it, so later today I hope to add this right to our warrant database and will notify current subscribers of the details and my opinion thereon.

If you are not one of many valued subscribers this would be a great time to GET STARTED.

Subscriptions are available for one month, one year, or for a LIFETIME.

 

 

 

 

Recent Articles On Our Websites:

Thanks for being with us on this journey,

 

The Warrant Report: Great Articles For Your Immediate Attention

By Dudley Pierce Baker
Founder - Editor
http://CommonStockWarrants.com

Hello Investors,

There are so many interesting opportunities for trading stock warrants.

If our friends at the technical traders are correct, we should soon be experiencing some great moves higher in gold, silver, and mining shares.

If you are not one of many valued subscribers this would be a great time to GET STARTED.

Subscriptions are available for one month, one year, or for a LIFETIME.

 

 

 

 

Recent Articles On Our Websites:

Thanks for being with us on this journey,

 

Stock Warrants Coming Soon On Occidental Petroleum Corp.

By Dudley Pierce Baker
Founder - Editor
CommonStockWarrants.com

On Friday we saw the press release (see below) from Occidental Petroleum Corporation that they will soon be issuing stock warrants to their shareholders and which will be trading on the NYSE.

"Holders of Occidental common stock will receive 1/8th of a warrant for each share of common stock held as of the record date, and each warrant will entitle the holder to purchase one share of Occidental common stock for a purchase price of $22 per share. The distribution of the warrants will be made on August 3, 2020 to stockholders of record as of July 6, 2020. The warrants will have a term of seven years and Occidental expects to list the warrants on The New York Stock Exchange."

This warrant will be a welcomed addition to the many warrants already trading in the United States and Canada on virtually all industries and sectors. I invite you to join us as a subscriber to access our warrant databases and take advantage of these exciting opportunities. Our databases are fully sortable by company name, industry, symbol, expiration date, and more.

Listen to my recent interview with Bill Powers of MiningStockEducation.com discussing the opportunities with stock warrants:

100-fold Gain Possibilities via Warrants in Blank Check Companies with Dudley Baker

 

 

 

 

Occidental Announces Distribution of Warrants to Purchase Common Stock

Friday, June 26, 2020 5:52 pm EST

HOUSTON – June 26, 2020 – Occidental Petroleum Corporation (NYSE:OXY) today announced that its Board of Directors has declared a distribution to holders of its common stock of warrants to purchase additional shares of common stock.

Holders of Occidental common stock will receive 1/8th of a warrant for each share of common stock held as of the record date, and each warrant will entitle the holder to purchase one share of Occidental common stock for a purchase price of $22 per share. The distribution of the warrants will be made on August 3, 2020 to stockholders of record as of July 6, 2020. The warrants will have a term of seven years and Occidental expects to list the warrants on The New York Stock Exchange.

Vicki Hollub, President and Chief Executive Officer of Occidental, commented, "The Board recognizes the importance of its stockholders and is committed to maximizing value for all stockholders. This distribution of warrants will allow existing stockholders to acquire stock in the future at what we believe will be an attractive price, without diluting their interests in the Company."

About Occidental

Occidental is an international energy company with operations in the United States, Middle East, Latin America and Africa. We are the largest onshore oil producer in the U.S., including in the Permian Basin, and a leading offshore producer in the Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon dioxide management to advance a lower-carbon world. Visit oxy.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties that could materially affect expected results of operations, liquidity, cash flows and business prospects. Actual results may differ from anticipated results, sometimes materially, and reported results should not be considered an indication of future performance. Factors that could cause the results to differ include, but are not limited to: the scope and duration of the COVID-19 pandemic and actions taken by governmental authorities and other third parties in response to the pandemic; our indebtedness and other payment obligations, including the need to generate sufficient cash flows to fund operations; our ability to successfully monetize select assets, repay or refinance our debt and the impact of changes in our credit ratings; assumptions about energy markets; global and local commodity and commodity-futures pricing fluctuations, including the sharp decline in crude oil prices that occurred in the first quarter of 2020 and has continued through the second quarter of 2020; supply and demand considerations for, and the prices of, our products and services; actions by OPEC and non-OPEC oil producing countries; results from operations and competitive conditions; future impairments of our proved and unproved oil and gas properties or equity investments, or write-downs of productive assets, causing charges to earnings; unexpected changes in costs; availability of capital resources, levels of capital expenditures and contractual obligations; the regulatory approval environment, including our ability to timely obtain or maintain permits or other governmental approvals, including those necessary for drilling and/or development projects; our ability to successfully complete, or any material delay of, field developments, expansion projects, capital expenditures, efficiency projects, acquisitions or dispositions; risks associated with acquisitions, mergers and joint ventures, such as difficulties integrating businesses, uncertainty associated with financial projections, projected synergies, restructuring, increased costs and adverse tax consequences; uncertainties and liabilities associated with acquired and divested properties and businesses; uncertainties about the estimated quantities of oil, natural gas and natural gas liquid reserves; lower-than-expected production from development projects or acquisitions; our ability to realize the anticipated benefits from prior or future streamlining actions to reduce fixed costs, simplify or improve processes and improve our competitiveness; exploration, drilling and other operational risks; disruptions to, capacity constraints in, or other limitations on the pipeline systems that deliver our oil and natural gas and other processing and transportation considerations; general economic conditions, including slowdowns, domestically or internationally, and volatility in the securities, capital or credit markets; uncertainty from the expected discontinuance of LIBOR and transition to any other interest rate benchmark; governmental actions and political conditions and events; legislative or regulatory changes, including changes relating to hydraulic fracturing or other oil and natural gas operations, retroactive royalty or production tax regimes, deepwater and onshore drilling and permitting regulations, and environmental regulation (including regulations related to climate change); environmental risks and liability under international, provincial, federal, regional, state, tribal, local and foreign environmental laws and regulations (including remedial actions); potential liability resulting from pending or future litigation; disruption or interruption of production or manufacturing or facility damage due to accidents, chemical releases, labor unrest, weather, natural disasters, cyber-attacks or insurgent activity; the creditworthiness and performance of our counterparties, including financial institutions, operating partners and other parties; failure of risk management; our ability to retain and hire key personnel; reorganization or restructuring of our operations; changes in state, federal, or foreign tax rates; and actions by third parties that are beyond our control.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, as a result of new information, future events or otherwise. Factors that could cause actual results to differ and that may affect Occidental’s results of operations and financial position appear in Part I, Item 1A “Risk Factors” of Occidental’s Annual Report on Form 10-K for the year ended December 31, 2019, and in Occidental’s other filings with the U.S. Securities and Exchange Commission.

100-fold Gain Possibilities via Warrants in Blank Check Companies with Dudley Baker

Good Morning Subscribers and Investors,

I am happy to present to you this interview that I did yesterday afternoon with Bill Powers - MiningStockEducation.

"Dudley Baker focuses on mining stock warrant speculation for the extreme leverage and has experienced some very impressive returns in his portfolio.  For example, in 2017 Dudley sold his warrants of Northern Dynasty for well over $3.00 when he had purchased them for only 16.5 cents only seven months earlier.  Dudley says he looks for up to five times the performance out of the mining stock warrants versus the underlying stock.  In this interview Dudley discusses where he is finding the best opportunities via warrant speculation.  Dudley shares one recent example of a warrant that could have provided speculators with close to a 100-fold gain."

100-fold Gain Possibilities via Warrants in Blank Check Companies with Dudley Baker

Enjoy my interview and if you are not a current subscriber of my services this would be a
GREAT TIME TO GET STARTED.

Dudley

The Warrant Report: Great Articles For Your Immediate Attention

By Dudley Pierce Baker
Founder - Editor
http://CommonStockWarrants.com

Hello Investors,

There are so many interesting opportunities for trading stock warrants.

While many of our followers are PM investors, there have been some explosive gains recently in NKLA and NKLAW, Nikola Motors as well as HCCH and HCCHW, HL Acquisition Corp. Thousand of percent gains in the stock warrants within months. These are incredible real gains using stock warrants and I have hyperlinked the charts so you can see for yourself.

If our friends at the technical traders are correct, we should soon be experiencing some great moves higher in gold, silver and mining shares.

If you are not one of many valued subscribers this would be a great time to GET STARTED.

Subscriptions are available for one month, one year, or for a LIFETIME.

 

 

 

 

Recent Articles On Our Websites:

Thanks for being with us on this journey,

 

The Warrant Report: Last Week’s Top Articles

By Dudley Pierce Baker
Founder – Editor
http://CommonStockWarrants.com

Investors in the United States are celebrating the Memorial Day Holiday as the Canadian markets continue to trade.

One of my major holdings (warrants) are hitting a high in today’s trading.

Yes, it is possible that gold and some of the miners are getting a little toppy and we could be some give back, but this bull market is still in its early stages, in my opinion, and I continue to search for new opportunities.

JOIN ME NOW – if you are not already one of my valued subscribers.

Top Articles From Our Websites

 

 

The Warrant Report: This Week’s Top Articles

Finding Opportunities In Todays Markets

By Dudley Pierce Baker
Founder - Editor
JuniorMiningNews.com
CommonStockWarrants.com

This is a great time to be an investor as these challenging times bring opportunities.

In my opinion, investors, should have several investment services at their disposal to assist them with ideas and suggested investments at all times, but especially now!

I subscribe to many services to assist me in maintaining my databases, newsfeeds, charting, technical analysis and investment ideas, etc., including, StockWatch.com, Stockhouse.com, StockCharts.com, The Technical Traders, The Morgan Report and InkResearch.com (for insider trading and insider positions).

To assist you I suggest the following services:

1. The Technical Traders - Chris Vermeulen and his team are
doing an excellent job of tracking the markets, virtually all markets, from a techical point of view. They nailed this 'black  swan' event at least a month or so before it happened. I realize that many of you are not interested in being an active trader, neither am I, but there views on direction and timing are proving to be very relevant to all investors. Visit their website and see for yourself what they are doing and whether or not their services or for you.

THE BLACK SWAN EVENT BEGINS - January 26, 2020

2. The Morgan Report - David Morgan and his team, Bruce Ross and David Smith are all friends and business associates of mine for over 15 years. I call David Morgan, 'mister silver', with his standing and knowledge in the investment community.
His service provides investors with interesting articles every month along with Davids portfolio suggestions and much much more. Remember, the more ideas you have the better you can make informed decisions.

3. Common Stock Warrants - This is my service which I started in 2005. The core service is a database of all stock warrants trading in the United States and Canada and in all industries and sectors. Thus all of the miners, biotechnology, pharmaceutical, and everything else you can imagine. 'If there is a warrant trading, it is in our database'. In addition, my Gold and Lifetime subscribers have access to my personal portfolio and see all that I own, shares and warrants. In addition, I do a weekly audio for subscribers.

  

Taken together, 'we' have you covered - something for you to thing about over the next few days.

Thanks for your time,
Dudley