RE:If MSL continues to lose $1 million or so on exchangeThat is untrue in this case, the constitution of Canada does not allow money to ne buried in foreign countries
Further fx is either a tailwind or a headwind
the market thrives on stocks that see for instance in USA funds but produce in canadien funds
the gain goes to the bottom line
it can go against you the other way as Msl earnings stated
please don't mask the facts with your spin