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Gold/Mining/Energy : BOB BISHOP picks !!!! -- Ignore unavailable to you. Want to Upgrade?

To: Martin E. Frankel who wrote (639)	3/26/1998 1:01:00 PM
From: darra	Read Replies (1) \| Respond to of 695

Martin, The basic holding account at Greenline is a money market Waterhouse account in US$. When you trade in Cdn$, they will automatically convert sufficient funds to cover the Cdn transaction, or you can just tell them verbally to convert xyz amount. When you trade in, then out of a Cdn stock, the proceeds will remain available in Cdn funds, unless you tell them to put it back in the US $ MM. When the Cdn funds are sitting idle, they do not draw interest. Their service is the same as you would have in Canada, except they cannot buy Cdn mutual funds for you. The currency risk in holding a Canadian stock is obvious. Cdn $ is about as low as it has ever been against the US$. Most of the risk then is in your favor. Regards Michael