Hi Hobbers
I was just speaking to my adviser about harvesting a capital loss in some of my other investments. In Canada ( don't know about other countries ) you can't sell a stock and then jump back in. If you do the tax man will disallow the loss. You have to be out at least 30 days. The usual trick is to sell one stock or fund and then purchase something equivalent. This works well with mutual funds as many own the same companies. In ECU's case, there is nothing really equivalent.
Management's very clever announcement of an updated 43-101 sometime in December should really deter tax loss selling. Sell ECU, harvest the tax loss, and before the 30 days are up, the 43-101 comes out and the price takes off, damn.