Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Nickelex Resource Corp NKLXF


Primary Symbol: V.NICK

Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is... see more

TSXV:NICK - Post Discussion

Nickelex Resource Corp > Only if they were listed on the TSX-V.....
View:
Post by ggrellette on Dec 08, 2020 2:14pm

Only if they were listed on the TSX-V.....

this stock would eventually gather support but way too risky to buy on the GREY MARKET. The Grey Market is where u end up after defaulting. The grey market is manipulated even more then any other exchanges. Yes, you might be able to buy, but try to sell. The only way u can sell if there is a huge amount of liquidity and that is not something u see very often.
Comment by mferguson71 on Dec 08, 2020 2:41pm
That's the pro's and cons in all markets though. Look at Lumber futures as an example, an incredible run but volatily is there as it is thinly traded market. Palladium is another example. Stocks will all have challenges too, on volume. But at the same time, having more liquidity can also be a bad thing. Look at what Jaguar Mining has recently gone through. The number of shares they had ...more  
Comment by defcon1 on Dec 08, 2020 3:24pm
I don't understand why you think it is not listed on TSX.V? The Company is not in default of any reporting obligations either? https://money.tmx.com/en/quote/VQA I do agree about the lack of liquidity at the moment though. Easy to get in, difficult to get out.
Comment by ggrellette on Dec 08, 2020 4:31pm
U buy/sell them through the TSX-V but actually trade on the Grey Market. I am not fully aware of what their specific circumstances were but it really does not matter. For them to be on the GREY MARKET they must have defaulted at some point in time, otherwise they would trade directly on the TSX-V exchange. They have NO reporting problems because the GREY MARKET is like the wild, wild west, no ...more  
Comment by BooterMcGavin on Dec 08, 2020 10:07pm
What you're saying doesn't even make sense...it is OTC in the States...tsx.v in Canada.
Comment by mferguson71 on Dec 09, 2020 10:28am
V:VQA - VALTERRA RESOURCE CORP - https://www.valterraresource.com 17:20:10 EST Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay  ...more  
Comment by ggrellette on Dec 09, 2020 1:59pm
Yes and thk u for informing me but I know already what web site this is. I realize how confusing this is and how deceitful this can turn out to be, when u suddenly realize it is not what u thought. I should know since I had firsthand knowledge when it happened to me. I have bought many stocks many times directly on the TSZ-V venture exchange using the TD Waterhouse platform for trading and have ...more  
Comment by ggrellette on Dec 09, 2020 1:47pm
OTCBB is the GREY MARKET. So yes it does make sense.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities