Re: A ''day high'' close would be nice closed at 1,20

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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Re: A ''day high'' close would be nice closed at 1,20

in response to

Re: A ''day high'' close would be nice closed at 1,20

IAMSUDBURY

posted on Sep 22, 2010 04:25PM

Just curious about this $1.20 close, in that the closing bid was $1.18 and that is the figure Scotia McLeod uses to value my trading account.

Is Scotia McLeod just being ultra conservative?

Or is the closing bid used universally to set the value?

I would think the actual value is the significant figure. I often feel a little let down when I see the closing bid shown at a higher figure than shows up in my account.

Any thoughts?

Best wishes to all Notters for a higher and higher price, all of a rush or little by little!