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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (14501)	7/22/2003 3:23:40 PM
From: Eva	Read Replies (2) \| Respond to of 39344

Amazing action in SUF, will it close the gap, before going higher? Looks like there is no stopping it till $ 6.60 or there about?! stockcharts.com[w,a]daclyiay[pc13!b50!f][vc60][iUb14!Uh14,3]&pref=G

To: gold$10k who wrote (14501)	7/22/2003 3:38:43 PM
From: John Dally	Respond to of 39344

Sorry for not being clear . . . With Ameritrade, you have to phone a broker and tell him that you want to buy a Canadian-listed equity on the Toronto or Vancouver exchange. Ameritrade then calls the Canaccord market maker responsible for making a market for the Canadian-listed equity on the Toronto or Vancouver exchange. The market maker gives Ameritrade a price in $US. As I mentioned, the spread is a bit wider than if one paid in $C on the Canadian exchange directly. When you then give an order (in $US), Ameritrade routs it directly to the Canaccord market maker on the Toronto or Vancouver exchange. One has to phone up. If one enters the US-equivalent symbol using the web, the transaction may end up getting routed to the US Bulletin Board, with horrible spreads. I've been pretty lucky so far. I buy in Canada, paying a bit more because I'm US-based. However, more often than not, what I buy eventually ends up being listed in the US, because the company chooses to obtain a US listing (ELD, MFL, IAG, MNG, . . .) or because it gets taken over by a company with a US listing (Francisco, Repadre, . . .). So, I can sell without a penalty. Best regards, John.