RE: RE: Tax credits for flowthrough sharesFirstly the tax credit flows through partnerships to individuals, secondly Joe's business is financing resource companies with flow through shares using partnerships (like Mineral Fields, Pathway etc) whose sole purpose is to pass the tax credits out to individual investors. As far as the tax being only a credit that can only be used if you owe tax....who would buy flow through shares without taxable income to use the credits. Where I come from reducing tax owed is the same as cash....lol
And lastly, if you read this board often you will know that I am the one who for months has said that Joe was done selling long ago and is no longer an issue (which is everytime ggrellette says Joe is going to dump) . At no time have I ever said that Joe dumping now at .14. The post you are referring to simply stated how he normally operates (which is exactly what he did in DEC when he was dumpling in the .20 to .25 range).