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Gold/Mining/Energy : Jetform-FORM

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To: rd who wrote (272)4/5/1998 8:41:00 PM
From: Roy Cetlin  Read Replies (1) of 530
 
"RRSP" limitations - in Canada RRSP is our registered retirement savings plan - similar to your 401k or IRA account - the government has placed restrictions on the percentage (20%) that can be invested in securities or bonds etc outside of Canada. Therefore, the bulk of the money in RRSPs that is committed to the market is chasing a fairly limited range of securities. Therefore, having Jetform as a Canadian listed stock will probably drive the price up just by the added investment that can now be made by Canadian funds and individuals.

Hope that explains the situation.

Good trading

Roy
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