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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 > Registered Investment???
View:
Post by Scorpio2 on Jan 03, 2021 11:50am

Registered Investment???

As a Canadian investor, I am trying to determine if the common stock of Valterra are considered to be a "registered investment" (thus elligible) for registered accounts like an RRSP or TFSA. To be considered a registered investment, it must trade on a "designated" stock exchange. I realize the stock price is listed on the TSX.V (vancouver exchange) which is considered a "designated" stock exchange but it appears to trade OTC or Over The Counter, which I believe would render it not to be trading on  a "designated" stock exchange and thus not elligible for registered accounts. The stock in the US definitely trades OTC, which gives me concern that it also trades OTC in Canada. Any input from other Canadian investors here would be much appreciated. Thanks in advance.
Comment by mferguson71 on Jan 03, 2021 7:03pm
You should be good to go Scorpio. If you go back to my post on Dec 9th it shows trades for that day happened on different exchanges. There were trades on the tsx venture. No reason to see why it wouldnt be.
Comment by GoldenEra on Jan 04, 2021 11:41am
This post has been removed in accordance with Community Policy
Comment by locomoco on Jan 04, 2021 12:04pm
I am onboard, bought today. Will be a great start to 2021
Comment by Goldenhope on Jan 04, 2021 4:51pm
Hey loco  great to have you on board too the valterra express is leaving the station  all the very best  
Comment by locomoco on Jan 04, 2021 12:31pm
If Democrats win both Georgia senate seats then gold price will stay north of $2,000 starting this week and will climb to $2,200 by end of February.
Comment by Scorpio2 on Jan 04, 2021 3:54pm
yes, i am fully loaded at 700,000 shares in my non registered accounts but wanted to move some to my TFSA. Have a call into the CFO at Valterra to confirm on the qualified investment status for TFSA accounts in Canada. Long and short is I am reasdy to rumble.
Comment by Goldenhope on Jan 04, 2021 4:49pm
Good work scorpio let us all know here on the board what the outcome of your call is please would be great to have clear for everyone All the very best and good luck Somehow I don't think lucknhas much to do with it but it never hurts does it    
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