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E3 Lithium Ltd. V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.0 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Comment by MrInveston Apr 18, 2024 11:42am
90 Views
Post# 35996035

RE:With the

RE:With theFor individuals who make $250K in a year of capital gains, it should be easy to avoid that using the strategy you have stated here. That being said, if you are selling and bumping yourself into the next tax bracket, that does not make sense. I think if your making $250k (or near that) your likely in the top bracket anyways when counting all worldwide income. You can't move money offshore if you still have ties to Canada, you will have to pay taxes on it. 

I hate the Liberals, but I think the reaction to this by individuals is overdone. Tax is a tax, but this is not the end of the world. I would prefer to see the Feds balance their budget before increasing taxes. It's really hard to see. 

If I were you all, I would start preparing for individual tax brackets increase. That will hurt everyone. It will need to happen in order to bring this debt down. 
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