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bob the dog

Council Member
Aug 14, 2020
1,477
1,092
113
bob the dog said:
Algoma Steel in Sault Ste Marie has revenue comparable to Stelco in Hamilton with a $11.50 share price vs $45 for Stelco. Stelco pays a nice $1.68 per share dividend and has come a long way from $4 in 2020. Good chance Stelco retreats but also a good chance Algoma increases. Speculative watch recommendation.

Petros is right about Uranium as well. buy, buy, buy...
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Algoma sitting at $13.89 today. Up just over 20% since late January.

Subscribe to my podcast and you too can be rich as well.
 
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bob the dog

Council Member
Aug 14, 2020
1,477
1,092
113
Having a hard time transferring funds from RBC and get the feeling they don't like the crypto movement while no doubt being up to their neck in it for themselves. First they denied my credit card and then refused to allow an e-transfer. When I called to find out what was going on they tried to scare me by asking repeatedly if I knew of all the crypto scams. I think that was one of them.

Said it before that Canadian banks are Canadian in name only. There is no global economy for ordinary Canadians and more like a captive market for them. Politicians too busy planning vacations won't say shit even if there mouth is full of it.
 
petros

petros

The Central Scrutinizer
Nov 21, 2008
113,279
12,787
113
Low Earth Orbit
bob the dog said:
Having a hard time transferring funds from RBC and get the feeling they don't like the crypto movement while no doubt being up to their neck in it for themselves. First they denied my credit card and then refused to allow an e-transfer. When I called to find out what was going on they tried to scare me by asking repeatedly if I knew of all the crypto scams. I think that was one of them.

Said it before that Canadian banks are Canadian in name only. There is no global economy for ordinary Canadians and more like a captive market for them. Politicians too busy planning vacations won't say shit even if there mouth is full of it.
Click to expand...
Which app are you using? Are you using a debit Mastercard or a real CC?

Banks hate Ripple, their 3 -14 day holds on deposits and transfers are eliminated by Ripple.

Even latency of bank networks are smoked by Ripple. 0.01 of a second is an eternity in markets. Ripple's network forces banks to use Ripple or forever be beat by Ripple.
 
Last edited:
B

bob the dog

Council Member
Aug 14, 2020
1,477
1,092
113
petros said:
Which app are you using? Are you using a debit Mastercard or a real CC?

Banks hate Ripple, their 3 -14 day holds on deposits and transfers are eliminated by Ripple.

Even latency of bank networks are smoked by Ripple. 0.01 of a second is an eternity in markets. Ripple's network forces banks to use Ripple or forever be beat by Ripple.
Click to expand...
Something I did not anticipate would be difficult to do but again today an e-transfer was denied by the bank. Last week it was Coinbase and today Wealth Simple.

RBC must be worried I will lose my money to someone other than themselves. Funny that they never step in when I buy weed on line.

They only reported profit of $4.2 B last quarter.

As mentioned previously Canadian consumers are an abused and captive market for the banks. If only there was a politician who would actually do something about it.
 
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petros

petros

The Central Scrutinizer
Nov 21, 2008
113,279
12,787
113
Low Earth Orbit
bob the dog said:
Something I did not anticipate would be difficult to do but again today an e-transfer was denied by the bank. Last week it was Coinbase and today Wealth Simple.

RBC must be worried I will lose my money to someone other than themselves. Funny that they never step in when I buy weed on line.

They only reported profit of $4.2 B last quarter.

As mentioned previously Canadian consumers are an abused and captive market for the banks. If only there was a politician who would actually do something about it.
Click to expand...
Call them up and give them what for. Its not up to them.
 
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