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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (8873)3/6/2002 1:36:34 AM
From: gold$10k  Respond to of 36161
 
nspolar,

"Part I"... KGC and K.TO are the same stock. Through Penntrade, for example, I can buy or sell it on either the US or Canadian exchange. I would simply buy it where it costs least.

"Part II"... Canuck golds vs. US golds. The important issue for me is what is available on Canuck vs. US exchanges. All of the best explorers are found on the Canadian exchanges. Most of them can also be traded through the OTCBB, but trading there can be difficult because the OTCBB market maker doesn't have to play even as fair as he/she would on "normal" exchanges. For example, on the OTCBB you can place a limit order to buy at the quoted ask and not get filled even though you see trades go by at less than your bid. That is why I moved most of my assets to Penntrade where I can...

1. trade directly on the Canadian exchanges where the quoted bid and ask are for real and get representation for my bid or ask
2. trade any number of shares for the same fixed commission
3. not pay extra if my order fills over a number of days

I hope I understood your question correctly. If not, try it again.

Re: the dollar... it appears to me to be weakening, but the damn thing has 9 lives. <g>

Best,

vt