BayStRising
4年前
Snowy Owl Gold Corp’s(SNOW.CSE) New Frankfurt Listing and Upcoming OTC Listing creates a Big Opportunity in this tight Float stock(DD)
CSE:SNOW
FrankFurt: 84L.F
r/10xPennyStocks - Snowy Owl Gold Corp’s(SNOW.CSE) New Frankfurt Listing and Upcoming OTC Listing creates a Big Opportunity in this tight Float stock(DD)
|Frankfurt Stock Exchange
News Release Breakdown & Why it’s Bullish
New Listing = More Exposure
Dual-Listings usually follow up the listing with Awareness Campaigns
Increased Investor Liquidity
New Listing increases Investor Exposure - Many investors are restricted by what they can buy in relation to what their Brokerage has access to. This is a problem as many would-be investors who want to buy your stock can’t. Europe is a Massive place with a lot of people with a hunger for Canadian Resource Companies, Frankfurt listings of companies are proof of that.
For Companies trading on the Canadian Securities Exchange, the VAST majority of European brokerages CAN’T trade their shares with the exception of Barclays & ING Direct(Holland).
So listing on Frankfurt, which most brokerages in Europe and Asia have access to means the total addressable investor audience has 10x what it used to. This is a catalyst that has resulted in BIG gains for Resource Companies dual-listing on Frankfurt just like Dual-Listing has benefited Cannabis and Psychedelic companies when they went on the NYSE/NASDAQ.
Canada Population: 36M
European Population: 746M
Future Possible OTC Listing as a Catalyst
Just like the Frankfurt Listing dramatically increases the total addressable investor audience for CSE stocks, the OTC markets also give access to an additional 49M+ investors that SNOW.CSE didn’t have before.
Similar to Frankfurt, new listings are followed by new campaigns to bring awareness and new investors into the stock. For stock with tight share structure, this has an exaggerated bullish impact on both liquidity and price action.
r/10xPennyStocks - Snowy Owl Gold Corp’s(SNOW.CSE) New Frankfurt Listing and Upcoming OTC Listing creates a Big Opportunity in this tight Float stock(DD)
Source: https://ca.finance.yahoo.com/news/snowy-owl-gold-corp-panache-211200125.html
Snowy Owl is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange ("FRA") and are under the trading symbol 84L.F.
The Frankfurt Stock Exchange, operated by Deutsche Börse AG, is one of the world's largest trading centers for securities and the largest of the eight stock exchanges in Germany. Snowy's Frankfurt listing is expected to facilitate the process of trading in its shares by investors in Europe and internationally. The Company's shares continue to be listed on the Canadian Securities Exchange under the symbol SNOW.
Elyssia Patterson, CFO commented: "Our Frankfurt listing is an important step in the Company's growth, enabling European investors and capital managers to participate in our story. This opportunity to broaden our shareholder base comes at an excellent time as we develop our gold projects in North America. This is an important step towards furthering the objectives of improving our visibility with the investment community and increasing investor awareness globally."
Conclusion:
Combined with a Low Valuation that trades cheaper than a shell company and a tight share structure, I believe this can have Big upside once it gets going.
r/10xPennyStocks - Snowy Owl Gold Corp’s(SNOW.CSE) New Frankfurt Listing and Upcoming OTC Listing creates a Big Opportunity in this tight Float stock(DD)
Source: Investor Presentation
Disclosure: I own shares in Snowy Owl Gold Corp(SNOW.CSE) and will continue to keep buying more shares
Msosa2020
4年前
Gold always a safe bet, Volatility of crypto have made gold even more appealing to a great number of investors.
According to Adhil Shetty, CEO at BankBazaar.com, most risk-averse investors look for safety, liquidity, and returns before investing and gold has delivered 9.8 percent annualized CAGR returns in the last 10 years, making it a safe liquid investment.
https://www.cnbctv18.com/personal-finance/should-you-invest-in-gold-now-9093471.html