RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I'm pleased to announce that after the news release.Well one last time to clarify. I am maxed out in my TFSA and so is my wife. We sold off stocks, (non-Bone investments), in our TFSA's, to make room to buy the 1.6M shares of Bone that I created room for. You don't seem to grasp how TFSA's work. Even a novice investor should understand this.Read my posts clearly and you would understand this.
You don't get the principle of averaging down. If you want to look at the invested ca[pital microscopically, sure the investment from the earlier years won't be highly profitable, but the profit fromall of the 3.5 cent - 6.5 cent shares will show a great return. It all comes out in the wash. If you want to analyze each trade, this is a fool's errand. The return on the 3.5 cent shares, (assuming a $.40 sell price, would be 1143%, while other high cost shares might show virtually no return. You've argued the dollar cost averaging, but it's very simple. 2.4m x .093 = $223K. A $.40 sell price would realize a $737K return. Again, that's putting the cart before the horse, the dominos still need to fall.
Anyway good luck on your investing. I can tell you I use MNP as my accountant and tax advisor, and they've helped me a lot over the years. My financial advisor is a senipr VP at the bank I deal with. His team are excellent to work with. You might want to consider getting new advisors if you're using their advice as your basis to argue with me.
GOOD LUCK!