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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Comment by gizmo66on Jan 27, 2021 10:00am
199 Views
Post# 32397918

RE:RE:Quick question

RE:RE:Quick question
madeinhemlo wrote:

No I haven't.  Here's the way I understand it.  The TFSA was created as a tax free savings account.  All gains whetherer cap gains, div. or interest are tax free.  If I choose to use the account for rapid or excessive trading I am deemed to no longer considered a saver.  Now I am a stock trader.  But RevCan still doesn't know.  It's only when the bank ( federally regulated) sends a tape to CRA ( which they do)  showing my trading activity will they begin to take notice.  But the evidence will be there plain as day and CRA will be in touch.  


So I like to trade in my RRSP because all money withdrawn is taxable so CRA doesn't bother me.  


GLTA & Stay Safe

 

I've done alot of research on this and my understanding and my brokers is you can invest in your TSFA and if you hit it big like I have with both HPQ and PYR  it is fine, but and this is a big one if you have a bunch of activity buying and selling the same stock they consider you a bussiness and will come after you. So one or two trades is not going to raise any red flags they cant go after you because you picked a couple of great stocks because esp with HPQ I could have made 100s of thousands of dollars day trading but I wouldnt risk selling one of these stocks LONG AND STRONG

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