Re: Break even

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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Gerwin

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Re: Break even

in response to

Break even

From_Sudbury

posted on Apr 20, 2010 09:57AM

Does this mean they can sell noront "short" down towards 1,22 and not lose money on it?

If they do this and buy normal shares at the same time their profits will double as they had the tax reduction and the increasing share price (normal shares) is tax free?

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