SDL 0.00% 0.6¢ sundance resources limited

need some help please, page-8

  1. 9 Posts.
    I'm a yankee so I can't open an account at ETRADE Australia, so I the only way I can trade mining companies in Australia is to go though Interactive Brokers and pay the currency conversion or buy the ADR version. ADR version of SDL here is SUDCF

    http://finance.yahoo.com/q?s=SUDCF.PK

    you can see someone sold for .34 which is lower than it even traded today so they got ripped off. It ain't liquid enough.

    You guys will have the same problem if you try to trade in the US or CANADA because if you don't live here you can't open an account here. I can't open an account in Australia because I don't have an address there.

    These are the coal juniors I've been following/owning in Canada:

    http://finance.yahoo.com/q/cq?d=v1&s=rh.v%2chlb.to%2ccmk.to%2ceec.v%2cchx.v%2cgce.to%2cctg.v%2cwhd.v%2cCec.v%2cccj.to%2cwtn.to%2cwci.v%2cheg.to%2cerd.to%2csgq.v

    GCE and WTN have been on an absolute tear. There are hardly any US junior explorers. Most all are in Canada, but the US Canada ADR's are much more liquId (transactions sent to the actual exchange market makers) unlike the Ausralia ADR's -

    CCOAF,FLRFF,MACDF,NHPEF,AQLRF,RFLMF,CKATF,PKRRF,SRVFF - http://finance.yahoo.com/q/cq?d=v1&s=cey.ax%2cflx.ax%2cgcl.ax%2cmcc.ax%2crsp.ax%2cnhc.ax%2cwhc.ax%2caqa.ax%2criv.ax%2ccok.ax%2cnec.ax%2ccza.ax%2cprc.ax%2ccds.ax%2ccna.ax%2csrl.ax%2cmlm.ax%2cces.ax%2c

    I absolutely HATE the MAJORS in the US because they are so full of fast money hedge funds it is like being caught driving your car through a Texas Tornado....

 
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