TSXV:NORA.H - Post by User
Comment by
flymaron Aug 26, 2012 12:25pm
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Post# 20261913
RE: RE: Cope has sold some more.....
RE: RE: Cope has sold some more..... I agree with carter and bplondon. If you are Canadian and pay taxes voluntarily as opposed to having them witheld as a working stiff Revenue Canada will expect you to make installments throughout the year based on your previous year's income. I know about this as I just got a notice as I made money on SSL & EXN lastyear and had to pay a big tax bill in March. Not so lucky this year as I lost a bundle on Cream. This is as likely an explanation as any. All insiders sell stocks from time to time ie Nolan Watson (SSL) Jim Sinclair TNX and nobody thinks anything of it.
I went back over the PAA news release from last Aug. 6.8 m ozs a year for 12 yrs. (at least) with 25.00 ag. and 1250 au. I haven't gone back over the gold grades but there were some good ones and the total was 220,000oz..
I've been in this since 2009 and have taken profits a couple of times and I'm all set to wait until December if necessary. I can't see this not being bought out because there have been so many dissappointments like Excellon which I was lucky enough to sell at a profit and Cream which I was not.
How about Coeur for a suitor? Just to pass the time.
good luck to all
regards flymar