Well I like the CNQ too. It is the solution for smaller and not so smaller companies. Cuervo, the huge Peruvian iron concern I hear is going on the CNQ, symbol ironically, IRONY. Believe it or not. cuervoresources.com
But the momentum and general availability of the TSXV, which has 200 times more volume than the CNQ will make a difference to many. I can't tell you how many complaints I heard from US buyers whose brokers could not or would not figure out how to trade the CNQ stocks through Latimer's phone number. There are regs to this too. The other thing is that RRSP's are the big one too. Many, many people cannot buy most CNQ stocks for the RSP's and the TSXV listing will erase that problem with a vengeance.
As much as I like the CNQ and as much as I predict it continued and growing success, I strongly aver that Roxmark's step in trading on the TSXV was a big one. In regards to Profile alone it is a sea change for them. And from the time I have known the company about 8 years coming.. (They were even off the board entirely when I was talking to them in TO after the tech debacle.)
Yes, grasshopper, the TSXV will be good to Roxmark. And the broker deals that will come in? Well, they will now. The brokers will deal a lot, lot, lot, lot, lot quicker. You will see. And I hope to tell you I was right before too long. So far on RMK I have batted about 850. I hate like hell reducing my averages.
One of these days when the presidents and general managers of these companies start listening to me, I will have a red phone installed in my bedroom, with a direct line to their tape machine that they turn on for directions every morning. Then I can give them and certain brokers their missions.
I see where RMKL is at a really ouchy price today. 32 cents. I dunno. I cannot see much more than a double from here. You guys should have bot it at ten cents when I started the broad hints about their program. Now it has not got that much air to grab.
On the other hand I am hearing big things will come their way.. major deals, maybe financings. Ear to the ground ... tells me the locomotive is long... the gold is there, moly, maybe more stuff if they get downright corporate and want to play.. they are thinking big, hope they don't get another Ateba or Cyprus, but maybe somebody real ...
EC<:-} |