OTCPK:IVWFF - Post by User
Post by
99921on Apr 16, 2005 11:56am
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Post# 8914663
TSX Listing
TSX ListingIt seems to me that IVW is not an OZ mining company. It is a Canadian company operating
in Australia. It might appear something was amiss if an Australian company operating
there decided to list in Canada and not in Australia but if an Australian company bought
property in Canada and created a mine here it would not appear suspicious if they chose
not to list on the TSX. Without any in-depth knowledge of how these things work
however, it would seem logical to me that IVW would stand to gain by being listed in
Australia assuming there is an active market for mining shares there. The company has a
good story to tell and it would be easily evaluated by investors there. I have worked in an
environment where we reported both to the TSE and NYSE and the paperwork was
horrendous. Almost a full time job keeping up with quarterly and annual reporting etc.
That alone is enough to discourage management people from pursuing the cross listing
idea.