International Precious Metals (IPMCF) Message Board

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

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To: Mark Bartlett who wrote (3738)	3/9/1997 9:59:00 AM
From: Eric Tai	of 35569

Mark, I am postulating that IPMC is eligible for the RRSP account because it also trades on NASD. I know a lot of NASD stocks are eligible for the RRSP (of course, if they are US companies, they will be counted as foriegn content). Since IPMC is both NASD and Cnd-OCT, it makes sense that it is eligible for the RRSP. But for some other pure Cdn-OTC stocks that do not trade anywhere else, I think they are not eligible. I think for any stock inside the RRSP but is not eligible, the penalty is 1% of the stock's market value (not book value) per month.

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