RE: TAX ELECTIONS FORM former eurozinc shaeholderFreedom,
Your last post contained an error. If you use FMV for the election, you are correct that your cost base will be FMV, but you will be recognizing,and paying tax on, the full amount of your gain for tax purposes. In order to defer the maximum amount of tax, you would have to elect at the tax cost of your shares. The cost of you EZM shares would then be the ACB of the Lundin shares you received.