Agoracom: Small Cap Investment - Noront Resources - Re: selling--A Reverse Split-OK how about margin change

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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selling

karchdog1310

Jul 09, 2008 08:14AM

You can't have my shares!

96klite

Jul 09, 2008 08:25AM

Re: selling

knowwhat1

Jul 09, 2008 09:17AM

Re: selling--A Reverse Split

jonboy

Jul 09, 2008 09:26AM

Re: selling--A Reverse Split

jackwho

Jul 09, 2008 09:29AM

Re: selling--A Reverse Split !!???

retiredrookie

Jul 09, 2008 09:42AM

Re: selling--A Reverse Split

donypee

Jul 09, 2008 10:23AM

Re: selling--A Reverse Split

Cylinder

Jul 09, 2008 11:01AM

Re: selling--A Reverse Split-OK how about margin change

jonboy

Jul 09, 2008 11:20AM

repost last Feb ...Quiz NI mines graph...

bernardho

Jul 09, 2008 11:27AM

Re: selling--A Reverse Split

Byoung

Jul 09, 2008 11:28AM

Re: selling--A Reverse Split-OK how about margin change

MISFIT1

Jul 09, 2008 11:29AM

Re: selling--A Reverse Split !!???/ retiredrookie

lucky lady

Jul 09, 2008 11:31AM

Cylinder

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Re: selling--A Reverse Split-OK how about margin change

in response to

Re: selling--A Reverse Split-OK how about margin change

jonboy

posted on Jul 09, 2008 11:33AM

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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