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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (7815)	10/6/2004 12:24:13 AM
From: Taikun	Respond to of 11633

Malcolm, I forgot the history on exchangeable shares. My bad. Back to receipts and options. I haven't been able to buy either through Fidelity, Scottrade or Interactive Brokers so I called TD Waterhouse, Ameritrade and Harrisdirect. I think some of the brokers like TD Waterhouse in the US let you open a Canadian account where the beneficial owner is a US resident and you can trade options, the problem was the fees. I couldn't find a US broker who could trade options. I had the same difficulty with receipts-it must be a Canadian-not American account, and again the fees are higher there. Thanks, David

To: Seeker of Truth who wrote (7815)	10/6/2004 9:09:38 AM
From: LTBH	Respond to of 11633

Malcolm, As to Rights Offerings (RO), the trusts usually restrict them to Canadians only. However Enervest (EIT.UN/EVDVF) in their usual spring RO this year, granted them to US unitholders who could sell them but NOT exercise them. Most US brokerages did not know how to handle them. Networm