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To: Claude Cormier who wrote (35689)4/7/2010 11:56:44 PM
From: Cogito Ergo Sum  Respond to of 233807
 
Royal Mint is also the trustee for Questrade RRSP bullion accounts.



To: Claude Cormier who wrote (35689)4/8/2010 7:33:20 AM
From: Proud Deplorable  Read Replies (1) | Respond to of 233807
 
PKL.TO PC Gold – Canadian Mining Stock With Excellent Story Stock Potential

tischendorf.com

PKL.TO – PC Gold: Flow-through private placement shares priced @ 1.82. News. This is one of the rare private placements where management didn’t screw existing shareholders. Whenever that happens you usually have a tiger by the tail. Think twice before you sell.

As Nicolas Darvas rightfully pointed out in his book you do not want to bet on old leaders. Go for the new stories.



To: Claude Cormier who wrote (35689)4/8/2010 8:46:49 AM
From: I_C_Deadpeople  Read Replies (1) | Respond to of 233807
 
It is possible that ScotiaMocatta doesn't have a lot of gold at the moment, but there are other banks or institutions who do.

For example, CIBC hold Central Fund's precious metals. Royal Mint holds Sprott Physical Gold.


Except that the CIBC and Mint gold would already be owned by someone else. The question is why would Bank of Nova Scotia issue gold/silver certificates without the physical.



To: Claude Cormier who wrote (35689)4/8/2010 11:27:16 AM
From: heinz44  Read Replies (1) | Respond to of 233807
 
Royal Mint holds Sprott Physical Gold
That's dangerous ,thry seem to have a problem in "inventory accounting"