Re: No Capital gains

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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Re: No Capital gains

in response to

Re: No Capital gains

longlama

posted on Apr 22, 2008 03:50PM

A disposition of stock creates a capital gain or loss. A capital gain is taxable in the year of disposition. A capital loss is considered superficial and not deductible if the same stock is repurchased prior to the 31st day after initial disposition. There is no such thing as a deferal of Capital Gain in stock. BUSTED SD!