posted on
May 12, 2010 12:07PM
Message: UC ??
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Good morning Shumi my friend: I apol if that post seems to be directed towards you, it was not meant to be.
You posted -->There seems to be no trust anymore in UC by retail investors that's why there are over 1.5 million shares for sale up to 0.10 for a company who has started Mill production it's kinda strange.
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Interesting comment, and I wish that I could truthfully answer it. I rather imagine that most are stock plays with little understanding of the potential of mining in Mexico. I believe that most of that negative play comes from no explosive news from the ROF.
A supposing game, If UC comes online and produces the estimated revenues for the calculated base period, would your personal shares pay off more or less than if playd entirely in the stockmarket? Just curious, since as I mentioned, I am not a stock guy.
Another thought, how does Canada tax earnings in a foreign country where taxes already have been paid to that country. I believe that Canada has a reciprocal tax structered agreement with Mexico.
Would a Loonie earned in Mexico after taxes, have ultimately more actual purchasing power than a Loonie earned in Canada before taxes?
Don Jose de La Mancha
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