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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (2211)12/17/2001 5:05:28 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
Well Wayne, what I meant was that there are no market makers that own BAY stock and are there on the OTCBB to maintain a market on BAY. Aren't they merely middleman that, once an order comes in, turn over and buy on the TSE, resell the stock to the customer with the TSE commisions plus their own?

Therefore the real market is on the TSE.



To: TheBusDriver who wrote (2211)12/17/2001 5:06:00 PM
From: Joey Two-Cents  Read Replies (2) | Respond to of 4409
 
Thanks for the info NWA. Today there was a $.06 spread on the OTC, ouch. I do have an account with TD Waterhouse but I find anytime I buy Toronto stocks they get me with the exchange rate. It's always a couple of cents higher or lower (depending on a purchase or sale)than the prevailing exchange rate. Also, the commissions charged on CDA trades are more. I can only hope for an AMEX listing.



To: TheBusDriver who wrote (2211)12/18/2001 3:13:26 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 4409
 
Yeah, been down the road...PENN TRADE can't sell in all states, Wayne...and you knew that didn'tcha!

BULLSHIT on the CDN broker for buying and selling Canadian listed shares...leave him alone. You're too damn tight to give them a $0.005 of a cent to do the conversion on the in and out so you piss and moan and put down the OTC BB...

Let those who know how to play the OTC-BB game do the coaching, and stick to your tightwad, impatient, commission wasting ways, Wayne. He doesn't have to make your mistakes you know, it isn't in the 10 Commandments of trading or anything like that!

Hrmph!
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