Re: BENJY
in response to
by
posted on
Dec 11, 2013 08:17PM
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)
What you could do is buy the shares now at what ever price, Buy through your canadian cash account for now. Then when 2014 comes just get them moved across to your tax free account.If shares go up a bit just pay tax on the increase between now and 2014 and you are good to go for the rest of the increase in your TFSA !!
Or better yet.....buy $5500.00 worth right now ( as you will be eligible for that amount in Jan. anyway ) and only pay 1% penalty for the month the money is in there, which would be $55.00.
You'll pay alot more in taxes before you can switch the money to the TFSA.
I just bought a bunch of Noront shares last week in my TFSA.