" TFSA " Canadian Advantage vs Foreign just thinking out loud.....................Going long in BAY
I"ve been avg down for years in BAY with a current cost of ( $0.106 ) and should reach the big one with a cost of 10 cents..in January when tfsa rests..
The TFSA , is like a Debit machine where once a year you can deposit $ 5500. per year and purchase investments which if Gain are tax free when selling .
Losses at selling can-not be carried forward as there are no Tax implications either way ofn Trade.
Funds can be deducted in year being once free then next withdrawel will see a slight charge.
Funds withdrawen in that year of withdrawle can be deposited back the next year plus any new allowable funds eligble new..
BAY ,..from a mining Perspective and not a Traders view..
IMO,..going forward ,we will see for the first time , a 43-101showing the in-dicated resource from the Surface 4 zones. This will not in-clude the 4 deep holes as they were Test holes targeting the perimeter of the deeper zones at depth for discovery.Next spring will see a major drilling campain targeting the South deep Anomaly sitting 400k below the new Thunder zone which shows 78m of over 2 % on surface..
The first start to this 43-101 will be continually added to this summer "s new drilling 2024..
BAY/AWM ..will use this 43-101 being a Canadian Government Standard
The Plans are being sorted out on DSO mining operation as New technical procedures show increase in recouveries and how the ore is sorted before being bagged..
PS,..Depth chart shows resistance at 12 cents and little sell volume until 35 cents seeing 2.5 million here..
PS,..........SH,SH,.did every-one miss this, Cobalt .24% In Virginia
The few historical drill holes that have been completed on the Belt show more than two percent copper over 8.4 meters, more than five percent zinc over 2.2 meters and up to 0.24 percent cobalt.
Country Roads,
John Denver - "Country Roads" - YouTube