International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: BillyZoom who wrote (32813)	6/10/1998 1:28:00 PM
From: E. Charters	Read Replies (1) of 35569

The company is delisted. Once unquoted you are screwed. The only market as in all unlisted markets is the grey market. That is what is meant by the lack of quotes. This is moot in the BB's or OTC's as the market is all a screw market anyway. But there is a suspension of quotation and it would have nothing to do with NASDAQ. That is an apocryphal quote. I would say if somebody did say something similar to what was purported to be said by the OTC that they got it wrong. They should ask the boss before shooting their mouth off. No CDN market is affected or connected with any international market. Sometimes a decision NOT to suspend is made where there is a significant international market and worldwide listing base upon market realities and the effect of the suspension, BUT they cannot PREDICATE a suspension based upon an OTHER exchange's decisions or regulation. Such a move is unconstitutional, prejudicial, an interference with business unjustifiably and without a mechanism or legal cause. Therefore a suspension of quotation or trading is due to and can only be due to violation of a domestic exchange requirement. EC<:-}

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