OTCPK:NOSOF - Post by User
Comment by
marketmineron Dec 10, 2006 10:03pm
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Post# 11841628
RE: Who's an Expert on PP
RE: Who's an Expert on PPSpoke to them on Friday, was told that they have priceprotection. Placement is full, those in it have E Mail confirmations... Untill I get the paper I will still be a bit worried.
Also the remark about flow through.... These investments are the best type for an individual resource investor.... Especially if you have earned income.... You take the placement amount off your income , and the flow through ends up with a zero cost base ... When you sell it you claim the total amount you sold it for as capital gain... This essentually turns the income you used into capital gain when it is put onto your return... You also get 15% federal tax credit as well as a provincial tax credit depending on where you live.
You have to know the short must be huge when the bashers work all weekend.