see new media article on company website
http://www.dioro.com.au/reports.htm in
Head of research for stockbroking
firm DJ Carmichaels, Paul
Adams, said the number of companies
from Australia seeking a
TSX listing was rapidly increasing
due to the ease of access to capital
and the Canadian investor's bigger
appetite for investing in small
cap resources stocks.
"If you are a smaller company it
has become increasingly difficult
to gain traction in the Australian
market, particularly if you are
looking to raise significant funds,"
Mr Adams said.
"Canada has a long history of
supporting and investing in junior
mining companies, investors are
very risk tolerant of commodities
such as gold and uranium, and so
Australian companies are securing
greater support and higher
valuation multiples in the Canadian
market. This is well understood."
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