Golden Minerals Company

DCFM,

I fear your calculations are correct. This is very unfair, the shares themselves already got adjusted and therefore the # of warrants should remain static but exercisable at the newer price. To do otherwise makes no sense as it is in effect a double adjustment and will certainly piss off every warrant holder. Maybe GWR, Coach or others can comment on this, which seems to be either poorly thought through or a straight rip-off.