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Bullboard - Stock Discussion Forum Entree Resources Ltd T.ETG

Alternate Symbol(s):  ERLFF

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a... see more

TSX:ETG - Post Discussion

Entree Resources Ltd > I decided to
View:
Post by UNKLAL on Aug 26, 2024 9:00am

I decided to

sell my pile that had a cost around 78 cents to avoid the higher capital gains the Truturd grits brought down back in June. Most of the shares were in non-registered trading accounts. Now the good news is my wife n I hold 100k shares in our TFSA's with an average cost of $1.38!!! So if it takes another year or so to settle this sh*t storm so be it, n if the fair share price is north of the $3.50 high, I'll be loving it. CHEERS!!! jmo UNKLAL
Comment by raphaelle2 on Aug 26, 2024 10:16am
Unless there is an immediate need for cash, I don't see the point in selling stocks before, when, as you say, they are about to more than double in value. This has nothing to do with Trudeau new cap gain ! GLTA
Comment by Countrygent on Aug 26, 2024 11:04am
  A lot of us Canadians were scrambling to decide the most prudent course in the face of the increased capital gains inclusion rate in June. I confess I'm more concerned about general market forces than taxation planning.  In the past two decades we have seen whipsaw moves in all of the stock markets, commodity markets specifically, the US dollar, that have made for see-saw ...more  
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