Re: am i wrong

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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Franter

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Re: am i wrong

in response to

am i wrong

pit5

posted on Nov 12, 2008 05:14AM

I would suggest that flow through shares probably have a tax advantage closer to 60% or higher. The only problem is that they must be held for a period of time before they can be sold . Four months I think. This means that after this time period they can be sold at a much lower price and still make money.