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)

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Message: Re: selling--A Reverse Split-OK how about margin change
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Jul 09, 2008 09:29AM
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Jul 09, 2008 11:28AM

Not sure how the margin thing works. I tried it out a while back, but the first time I got a margin call, I covered and swore it off (a bit of other kinds of swearing too).

However, below is some information that I found on the web. The way I read it, under $3, NOT can't be used for Margin. Am I incorrect?

CANADIAN SECURITIES

Category of
Security
Margin Requirement Concentration Guidelines
TSX Listed/ IDA Approved List for Reduced Margin ($5.00+) 30% $1,000,000
Loan Value
TSX Listed securities ($3.00+) 50% $500,000
Loan Value
TSX Venture ($3.00+) listed securities 75% $25,000
Loan Value
Listed securities under $3.00 100% Not Applicable
Listed Warrants ($3.00+) 50% $250,000
Loan Value
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