TSXV:SLX.P - Post by User
Comment by
farshooteron Mar 30, 2011 10:28pm
224 Views
Post# 18364730
RE: RE: RE: RE: RE: RE: RE: RE: RE: SLX or GGCRF
RE: RE: RE: RE: RE: RE: RE: RE: RE: SLX or GGCRFI'm willing to bet anyone who'd like that two years from now whatever the exchange rates are, and whatever SLX is trading at in Toronto (hopefully a lot more than $.80), the price in Euros in Frankfurt, and the price in US$ over the counter will equate to the same value as the price in $C in Toronto, +/- 5%.
Any takers?
Notwitstanding currency conversion costs, they all indeed must equate to the same value. Otherwise, you'd have arbitrage.