CALVF employ more than 1000 happy miners - who got 15% ownership in Blanket Gold Mines - the miners work very good for they work for them self -
ex...Zimland corp. taxes are 25% and its only about half of US & Can bolshevistic 50% taxes + Blanket Gold Mines have less than half of the high labour cost in US & Can. -
Holding the certificate insures your ownership of that stock - ITS MUST FYOG - For Your Own Good -
They do not need to "confiscate",
You are a creditor of the bank -
The money you put in the bank or the stock is not yours
after it enters the door of the bank.
The bank just gives you an IOU
Small creditors are the first to loose when things go south. Remember banks never loose.
Holding the certificate insures your ownership of that
stock and not the banks. exactly what rallars said.
You DON"T own those shares.
Your brokerage does and they can do anything they want with them.
You only have computer entry with them, that's it.
Many things can happen
if you are day to day trader and if you buy and sell many times per day, it is fantastic tool,
but if you are long...
if I understand you correctly, you're saying that if I deposit shares in a bank
they do not have to pay me back the shares?
They simply give me an "IOU", which they have NO obligation to honor?
And if the bank goes bankrupt, their creditors have NO obligation
to honor the share agreements in the accounts that hold the shares?
Is that what you're trying to say?
"Remember banks never loose"
They would seeem to if they were bankrupt and unable to pay back creditors.
baranja, you say, "Many things can happen".
Could you describe a scenario in which you would no longer be able to do
what you wish with those shares held by a bank for your convenience?
thanks
Even worse, if the financial institution that has control of your shares,
they can short your company..........
But thats the price we pay for instant liquidity, if you take possesion
it takes more time & money to buy & sell..........
good for longer term holds..............
Not all financial institutions are equal
Insolvent bank....
MF Gloal scenario,
how about Maddoff,
Great depression colapse,....
Or just simply.. "here is cash, ..no shares for you,
sorry about inconvenience.."..
Can this happen,.. maybe.. who knows.
Holding the certificate insures your ownership of that
stock and not the banks - and the banks can NOT use
your shares for short selling -
Get Your Share Certificate!!!
if you want HIGHER SHARE PRICE and
become a CALEDONIA Long TEAM member -
Thanks in advance -
God Bless by another BB forum, TIA
Ps. CALEDONIA Should Start To BUY Back Their Own Shares - The Best Investment CALEDONIA Can Do Is To BUY Back Their Own Shares A.S.A.P. TIA