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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: Pepper1 who wrote (134)	5/22/1998 12:38:00 AM
From: David in Ontario	Read Replies (2) \| Respond to of 2444

The TSE is the place to be Simon: I'm going to end up going nuts. Would somebody please sign up Jason from Investor Relations and get him to work here! Yes, Simon - it very much does matter where NIR trades. The VSE and TSE serve two very different investment markekts. The VSE and Alberta exchanges are venture capital markets for, in most cases, junior mining stocks. It's a lot easier for a company to apply for trading status on those exchanges. In many cases the company or corporation may just consist of a couple of people trying to drum up capital to go search for palladium in wherever. A number of companies apply to trade on both exchanges - I don't know the mechanics of that process, but it happens, and NIR is one such company. In Canada, the TSE is the place to be trading. It's big, it's world class, it carries a lot more volume, serves a much larger and far wealthier investment community, Toronto is the business capital of the country, the US SEC recognizes it as being a fair trading exchange, and companies/corporations must meet much stiffer requirements before they can do business there. The fact that NIR is now trading exclusively on the TSE should give folks a lot more confidence than if they were exclusively on the VSE. I doubt that we'll see much, if anything, happening on the VSE now, and NIR may well apply to be delisted. It's like NIR is growing up and starting to mature as a company - but it needs to start building earnings now - and it is. The VSE is the type of exchange where it's a lot easier to make a start - and to raise capital by issuing shares to speculators/investors. NIR is simply outgrowing the VSE. The VSE is fine for what it's intended for - but due to the nature of it's business it is prone to a lot more 'hic ups'. Jason...get your a*s on here! David in Ontario