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Bullboard - Stock Discussion Forum AUREUS MINING INC T.AUE

"Aureus Mining Inc acquires, explores for and develops gold properties in the West Africa, specifically the New Liberty Gold Mine in Liberia. Its business segments are Liberia development, Liberia exploration, Cameroon exploration, and Corporate."

TSX:AUE - Post Discussion

AUREUS MINING INC > It's a big mistake to list AUE in London
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Post by vincentmtl on Jun 24, 2016 3:13pm

It's a big mistake to list AUE in London

It's a big mistake to list AUE in London. Every time, AUE in AIM traded much lower than TSE, so my guess is someone buy shares in AIM and sell in TSE for getting profit. But the worse side is current holders of AUE lose money and let the new comer buy shares at lower price, below the normal market price. Current gold market is much more different than past years and I couldn't see any bright future from AUE share price. Who is more stupid? I don't know. AUE will be bankrupt? Unlikely. Gold will be lower price than today? Unlikely. AUE has solved all issues? Maybe. Once AUE issues the product data and hope that data could assure the market and limit the cross market profit taking.
Comment by Poriemon on Jun 24, 2016 5:10pm
The arbitrage, or cross market trading as you call it, will happen regardless.  It happens on every stock that is dual listed - however, the LSE and TSX are only both open for a very limited amount of time at the beginning of the TSX's trading hours (end of teh LSE's trading hours) - if the arbitreur takes on a position past that, they are subject to any market swings and there's ...more  
Comment by Pat19xx on Jun 27, 2016 9:03am
He just do it again...
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