With a bit of luck we should follow them, but as this entity has only been in existance for about a month there really is no history to go by. But the whole basis of this is that the Canadians/Americans are supposed to have a higher risk tolerance than us Aussies of companies like Moto who operate in regions where there is some soveriegn risk, and because of that higher tolerance they can actually see value in the huge quantities of gold identified in Moto's tenements in the DCR. We appear to ascribe little value to their gold hence our lower valuations. So perhaps we might expect some arbitraging to bolster volumes between the two exchanges.
MOE Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
