OTCPK:TLSMF - Post by User
Comment by
Digitalsierraon Feb 24, 2015 4:25pm
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Post# 23460555
RE:Variance
RE:Variancealonzo4488 wrote: Interesting that the US dollar trading at $8.00 shows an exchnge rate of slightly over $10.00 Canadian but the Canadian stock has been trading about 50 cents lower.
It closed today at $9.72. That's not 50 cents lower, you need to work on your subtraction skills.
As to the variance, people are speculating on whether the Canadian dollar will climb or fall and the remaining risk.