3 'simple' questionsHi there,
I am largely a lurker on this board but I do want to wedge in and ask a couple quick questions.
I know enough about the the saga of JD and his super flow thru shares.
Really sucks for a lot of reasons. Not the least of which being that it allows for the elite in Canada to avoid paying taxes by rolling money into these insane instruments -- year after year, and evading their tax bill. The government has made it possible for the wealthy to skip out on their tax bill and the small retail investor gets whipped around on the tail of the dog for as long as these damn things are around. They do it because it encourages investment in start up companies and exploration. True enough, I suppose. But it does seem really unfair to the retail investor that these trading shenanigans should be allowed to happen after the fact. First the honest taxpayer gets screwed becasue they actually pay Revenue Canada then they turn around and get it again when they find out they are in bed with Joe.
So...after that rant....and admitting that I am not here to day trade (never was).... my simple questions are....
If the resources are in the ground and the science is correct (we can only assume that is the case) then
a) will this stock eventually be given the green light to rise to the appropriate level once the flow thru shell-game is complete? Doesn't Joe want to see this thing soar eventually?
b) when do you suppose that will be? Q1, Q2, Q3, Q4?
c) what do you think this will rise to by the end of this year (all guesses welcome)
Thanks,
HnG