Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Bullboard Posts
Comment by resmanon Mar 29, 2006 7:58am
229 Views
Post# 10570906

RE: re:RSP...

RE: re:RSP...The percentage (%)of income tax increases as taxable income increses. By contributing to an RRSP you are lowering your taxable income so you are paying less tax in dollars and a lower percentage on the that amount. If you do make the contribution the percentage is higher and the amount of taxable income is higher. When takeing money out of the RRSP the money becomes taxable but the thought is that the amount of income being reported is less and therefore the percentage charged is less resulting in paying less income tax. IT would be counter productive to withdraw from an RRSP in a year that normal income is reported. RRSP's are designed for withdrawals in retirement years when income is generally lower.
Bullboard Posts