Canadian Dollar

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Polylabel

Rank: President [?]

Points: 18518 [?]

Votes: 328 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Canadian Dollar

posted on Oct 22, 2008 05:24AM

This is not OT either as it has a very real effect on share price internationally as well as bottom line as metals all are priced in US Dollars.

Today the C$ dropped another 5% and we're now at 25% discount to US$. Compare this to a few months ago when we were at PAR.

Foreign investors are getting the chance to buy Noront very very cheap and Majors buying in for a piece get same boost.

We all may hate this when we travel outside Canada but it makes us ever so much more competitive.

8 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply