PINL:VLTAF - Post by User
Comment by
VentureTrader1on Nov 14, 2012 1:06pm
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Post# 20599494
RE: grinding....
RE: grinding.... Well, the way it's going lately, in the worst case, in a couple of years the company goes into production, and then even though the share price might still be .50, they'll probably be able to pay 2.50/share in dividends, so it will work out ok - a little worse on the tax side, but still not bad, and then when they've finished producing, you sell the shares at .50 and get a nice capital loss.