RE: Eagle Hill Announces Flow-Through Financing??? We now know the reason why no drill assays since 17 November.
More Dilution and F/T's at
.165, not pretty.
What are the tax advantages?
- If you were to invest $10,000 in flow through shares, providing that they are eligible for the tax breaks, you can claim the full $10,000 on your tax return. If you are in the 40% tax bracket, that would equate to a $4,000 tax return for that year.
Best to have some great drill results nearterm Brad. 10 cents break even on this placement and downward pressure will be evident tomorrow!
Cheers, Mark