I hold my Tyhee shares in paper Certificate form and have done for several years. When I took delivery of the certificate it only cost me $US 25. It cost me another $CDN 18 to exchange my Tyhee Development certificate for a Tyhee Gold certificate.

On July 1st 2009 the rules of the game changed. The DTC now charges $US 500 for a paper certificate. The Depository Trust Company (DTC) introduced the rules to try to get people away from using paper certificates and to encourage them to use Direct Registration - which all companies should now offer, and which should cost much less.

I like to hold paper certificates because as a "foreigner" I am not covered by SIPC. I also know for sure where my shares are and I know they are not being lent out on margin.

Golden Kiwi