RE: RE: parity is Good
A par dllr is not good for anyone doing business in Canada... NAG will be hit by the par dllr only when they take money from US accounts to Canadian ... I would think they would only need to draw money out of US accounts to pay employees and expenses in Canada otherwise they can just leave it in the US accounts until the dllr is favorable to transfer... I feel alot of companies in Canada based some of their profits on exchange the bottom lines will be getting hammered this qrter.....GLTA
Hope fully coal prices go up to off set the dllr if it does Nag will be sitting nice as they mine in the US....