Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Free
Message: Tax loss selling-terrifying!

I was thinking about Primed's post and how some are going to sell their shares to qualify for a tax loss. In the US if you buy the same shares back within, I think 90 days, it disqualifies the sale. I don't know if this applies in Canada.

At any rate, my guess is that, right now there is about a 70% chance that we will get a drill report before the end of the year. If my guess goes up 1% per day, then by the 31st of December my guess of the chances would increase to 90%

If anyone in the US sells for tax purposes then they have no knowledge at all of the photos and link library, do not realize the implications and significance of still analyzing surface samples many months later and perhaps no knowledge of the tax laws at all. A sad situation for a not so happy New Years!

If I am wrong, surely the results will come in before the three months regulation so what is the use of selling for a tax loss? If I am wrong on this as well, I appreciate being in a position where no one can find me.

Interesting post re the depression Sculpin; I differ on a few things and will reply later.

Share
New Message
Please login to post a reply