Re: Tax loss season?

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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khareema

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Re: Tax loss season?

in response to

Tax loss season?

donypee

posted on Dec 18, 2008 07:48AM

Totally agree Donny. Actually the main reason for "tax loss season" is investors who have made a pile on other investments and are aiming to bring their tax liability to zero. How many are there out there who have made a pile on their other investments this year?

I also dispute the idea that this SP is being driven up to force action on the warrants. It has taken trades in at least a 2-3 million shares to drive the price up to this level. Who would put that kind of effort into forcing action on a max of 3-4 mill shares and why?