Solaris Copper
Hi there,
Anyone get a nasty letter from broker regarding Solaris being a nonqualified investment for registered accounts. I did and I am going to follow through with CRA to see what is up. I did transfer it out of my TFSA for the time being (probably with no possible return) on the advice of broker as they deem it as an unqulaified investment.
Just curious on how others may be approaching this issue, it was tempting to just ignore the issue and ride it out, but there is an opportunity to seek a refund of any penalties paid. In my case broker assigned a present value of 58 cents a share making the penalty 28 cents a share.