SMM 0.00% 0.4¢ somerset minerals limited

I honestly think the TSX is irrelevant at this stage. There is...

  1. 330 Posts.
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    I honestly think the TSX is irrelevant at this stage. There is not enough shares available there for proper trading.
    Some days volume on 2,000 units move the TSX price 10%. It's dumb. They will one day raise capital through the TSX. It will be Canadian money and it will be at a premium because of the Canadian benefits to mining investments. After there is some real shares on issue, then it will be more relevant.

    Pretty sure only a couple Instos hold the TSX shares. So there's only a handful that are "trading" on that actual exchange.

    Also yes it's in Canadian dollars. But Canada's dollar is on marginally higher than the AUD
 
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