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Gold/Mining/Energy : Northrich Pacific Ventures NPA:V
NPA 104.55-6.0%Feb 2 4:00 PM EST

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To: dave herbert who wrote (7066)2/11/1998 11:07:00 PM
From: knight  Read Replies (2) of 7431
 
dave and all, CDS is the Canadian Depository for Securities, a privately operated clearing house/depository used by the securities industry. Any street shares would be held by CDS depending on the brokerage clients. No one would know the owners of the shares except for the brokerage houses. Same goes for Cede & Co.
The post consolidated shares are required to open higher than pre-consolidation. There is a formula for determining the open but darned if I can find it right now. I'll post it when I do. Not sure if this is a VSE or BCSC requirement.

knight
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