TFSA $ 2250.00 OptionI expect that shares will surge 50% minimum on 43-101 report announcement.
- Current share price is a cheap entry point at 9.5 cents.
For those who have a TFSA( Tax Free Savings Account) trading account, this is a time to get some tax free gains.
Scenario:
Buy 50,000 shares @ 9.5 cents= $ 4750.00 + fees
After 43-101 announcement and shares increase 50% plus
Sell 50,000 shares @ 14 cents = $ 7000.00 less fees
Potential TAX FREE Profit = $ 2250.00
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From June 2009,
Golden Chalice Resources (
TSX: V.GCR,
Stock Forum) shares jumped as much as 20% to 12 cents on Tuesday after the micro cap miner provided an exploration update for its flagship Langmuir Nickel Project, 35 km southeast of Timmins, Ontario, which included recent drill intercepts of 2.75% nickel over a drilled width of 24.4 meters approximately 40 meters vertically below surface and 3.14% nickel over a drilled width of 10.6 meters approximately 115 meters below surface.