Headwater Exploration Inc CDDRF

Primary Symbol: T.HWX

Energy Oil & Gas E&P

Headwater Exploration Inc. is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The Company has heavy oil production and reserves in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta and natural gas production and reserves in the McCully field near Sussex, New Brunswick. The McCully Field is located approximately 10 kilometers (kms) northeast of Sussex, New Brunswick in the farming community of Penobsquis. It owns and operates a natural gas processing plant, with a processing capacity of approximately 35 mmscfpd, and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The McCully Field is a winter producing asset connected to the northeast United States gas market. The Company drilled its first stratigraphic test and single-leg horizontal well, prospective for heavy oil, in Handel, Saskatchewan.

TSX:HWX - Post by User

Headwater Exploration Inc > Tax tail wagging the investment dog

<< Previous

Bullboard Posts

Next >>

Comment by largeoneon Jun 14, 2024 3:54pm

90 Views

Post# 36089829

RE:RE:RE:Tax tail wagging the investment dog

Would be stupid to save a little on taxes by selling now.. The ex-dividend date is June 28th for .10c a share which at the current level is .10/6.88=1.45%. So if they sell now to save 2% on their taxes it makes little difference. Better to to just shove it in your RRSP TFSA accounts, sure its an immediate capital gain doing that but you keep your shares and your upcoming dividend.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?