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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Cactus Jack who wrote (4496)12/7/2003 8:46:48 AM
From: orkrious  Read Replies (1) | Respond to of 108681
 
what happened to Novagold last week? 20% drop?

I don't think so. NG started trading on the ASE last week. Prior to that it was just trading on the Toronto exchange. I think that chart includes the Toronto quote in CDN dollars, then the ASE quote. They aren't equivalent because of currency differences.



To: Cactus Jack who wrote (4496)12/7/2003 9:09:30 AM
From: philv  Read Replies (1) | Respond to of 108681
 
Re: N.G. Something wrong with your chart.

adviceforinvestors.com

I have a hunch the drop is on the day when it was listed on the Amex and was re-priced from Cdn to $US.