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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: triplehrw who wrote (986)4/24/1999 10:57:00 AM
From: Stephen O  Respond to of 2259
 
Well I've invested in Canada. I defy you to beat my return on a little Canadian company Global Thermoelectric. Because it was in Canada I was able to do my DD. I went to Calgary on an Air Canada $99 special after their strike back in October, saw their products and visited with the president. I did the same with Silent Witness whicj has gone from $1 to $10 over 2 years. Silent Witness does 90% of it's business in the rest of the world. Why do I want foreign content? I think that you want to follow the mantra of the mutual fund business and invest abroad.



To: triplehrw who wrote (986)4/24/1999 11:58:00 AM
From: Syncrude  Read Replies (1) | Respond to of 2259
 
(OT) Hugh,

Glad we are making progress...so I guess you will agree that there are NO special privileges granted to Quebec investors as compared to the rest of Canada. As for foreign content maximization afforded only through mutual funds, I totally agree with you. It is time that such archaic limitations be removed. Investors in Canada have access to an investment pool which is far too small. Some are even resorting to speculating retirement funds in stocks such as BII, MCD, GLE etc. I would go even further and state that too much of retirement funds are being risked in the stock market. Imagine when the inevitable crash comes along and wipes out years of paper gains!