Don't forget the RRSP option

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Boatboy

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Don't forget the RRSP option

posted on Oct 28, 2007 05:33AM

I urge all Canadian Not holders to take a look at your RRSP situation when planning a NOT move. You don't need to sell your Not to lock in your gains. The two primary strategies are to contribute your NOT shares to your RRSP to get the tax deduction. The other is to sell some of your not shares to your RRSP to get your investment $ out. It would be well worth it to take a look at your options before Tuesday. The nice thing about a RRSP contribution/swap is that it does not go through the market and you have a range of elected values... i.e. between the high and low of the day. This flexibility can come in handy.