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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Greg from Edmonton who wrote (2259)5/4/1999 9:28:00 PM
From: AL   of 2444
 
Greg, the share structure of NIR won't change at all. The shares simply move over the border and price is converted to U.S.$$. Look at BII and their move to the NAZ. A great deal of their shares moved across the border and now the BII volume on TSE is greatly lower. The price of the stock on the two exchanges will remain equal ( after currency conversion ). The only problem ( maybe ) is that if there is more selling pressure on the US side than the price in Canada goes down as well. On the other hand if the upward pressure is greater, than the stock price here goes up as well.

Al
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