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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.


TSXV:SALT - Post by User

Comment by twopondson Jan 06, 2022 1:02pm
91 Views
Post# 34289660

RE:RE:RE:RE:RE:RE:RE:RE:RE:Looking forward to the future 🔮 2022!

RE:RE:RE:RE:RE:RE:RE:RE:RE:Looking forward to the future 🔮 2022!
1nsider wrote: Transferring stock to a TFSA as an in-kind transfer does not prevent you from paying capital gains if you are currently in a plus condition. You will still pay capital gains on 50% of your gains from the time you purchased them to the time you transfer to the TFSA. You do not have to sell the shares but for income reporting purposes it is the same. You are just saving the brokerage fees. https://www.theglobeandmail.com/investing/education/article-mind-the-taxes-when-transferring-shares-in-kind/


That is not entirely true...If  you have "capital losses" to carry forward from any previous years, the gains would be negated...at this point the gains depend on your entry point....of course
two...
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