No worries Portee, no offence taken.

Actually after some thought, someone who bought at 2.70 could sell at 70 cents this week and book a loss against gains made back in 2009. All they do is hope that the SP doesn't jump within 30 days right? In fact the SP would have to jump all the way past $1.20 before they are worse off for booking the capital loss. The breakeven would be much higher for those who bought higher.

And now that we know (and suspected anyway) that the PEA will come in January, tax loss selling for those who bought high has a much higher chance of success ... provided they have some gains from the past 3 years to mark it against.

doesn't apply to me ... I sold all those shares long ago and never held them very long to begin with.