GREY:CRIUF - Post by User
Post by
Bobwinson Jan 18, 2016 1:54pm
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Post# 24469378
Advantage for Canadian businesses operating in the US
Advantage for Canadian businesses operating in the USFor weary Canadians, the loonie is at record lows versus the dollar due to plummenting oil prices along with most commodities. The center of junior mining has been ravaged.
BUT companies like T.KWH.UN have a nice surprise for investors each earnings season. Their revs are in US$, not loonies. As KWH grows their business and revs, there should be an extra boost due to the revs from currency exchange.