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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.61-0.7%3:59 PM EST

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To: marcos who wrote (2637)9/14/1998 10:19:00 PM
From: Bill Jackson  Read Replies (1) of 4066
 
Marcos, 8 cents Can = 5.2 cents US, so 0.8 cents US was thiefed from Doug. It may be the bank as US banks theif a huge spread. In the stock is Canadian he should open a Canadian account at a Canadian discount broker. He can send US $ and buy Canadian at the interbacnk rate with 0.1% spread. US banks often take 10% spread as they lump Can$ in with thirld world stuff like pesos and cruzieros.

Bill
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