Re: SAN a "call" on this PM "BULL!"
in response to
by
posted on
Jun 07, 2008 01:46PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Silver...i try to do this in step with the big boys as they have always being in charge ,but some one has to.Myself, i am a private investor and have been in San since the low . 40's. and felt i should have opportunity to get in on these private PP AND DID AT A $1.40 BECAUSE of the warrant at the end of waiting four months knowing that our share price had to be absorbed in the market and the share would not rise i took on my new average price of $1.40 + $ 2.00 =$ 1.60 my new average cost for my number of shares.at $ 3. i will under margin purchase a extra 30 % of San Shares. my gain in 2007 under tax law was absorbed from loss carry forwads and my San position was put to work with the neighbors at one San for ten of them ( playing the ratios )and still have my core position in San....Capital Gains under tax law do not apply to your SDRSP as a share can be flipped many times inyour sd and myself will trade quite often.my online service charges $ 9.99 a trade only so one can take advantage.Like you noted you will only pay tax on the amount ( depending ) with drawen.SDRSP FOR THE ACTIVE trader is where you might want to spend some time and enjoy your regular day living by splitting your income in joint accounts with family members as the low income earners help out in tax savings.