Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (30668)	5/1/2003 1:35:48 PM
From: isopatch	Read Replies (1) of 36161

Frank. No question about it. Comparing dual listed CanRoys confirms this is a dollar driven resource play in US listings that extends beyond the metals. Using Prime West as an example because it's had one of the bigger %age moves in the past few days so the divergence in the US listing vs it's Canadian counterpart shows the currency effect more clearly: finance.yahoo.com However, the divergence is more muted among Cannuk E&Ps that also trade in the US because the RTs offer a quicker play on the currency arb due to their huge monthly cash flow directly to investors. Iso

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