Ivanhoe Mines Ltd T.IVN

Our Biggest Headache With Ivanhoe

[argaiv]

Is going to be what do we do with the profits we made here,  We know Tops is buying a yacht.  I sold 1000 shares and threw the money at Adventus Mining when it was 0.27.  I have some appreciation in the share price, and it might do well because Ross Beaty is a big shareholder.  I think Wheaton has skin in the game too.  They are going to develop a high grade copper & gold deposit that is not overwhelmingly large.  They also hold the Condor gold project which might go on to development.  The big thing here is they have a lot of the environmental approvals in place.

[gisellekronk]

yup , i am already over $ 250,000 cap gain (on paper ) so thanks to dear minority leader trudoh , i will have to pay more capital gains  tax when i sell 

[evh5150]

Everything I have seen so far indicates that the $250,000 is on a yearly basis. So unless you intend to cash out all at once, the same rates as before would apply.  It ust means you need to time your exit strategy accordingly. Below quote from CTV: "Canadians must report taxable capital gains as income on their tax return. Under the Liberals' new plan, the capital gains inclusion

[Moemoney42]

Exactly,  its a yearly ceiling so as long as you limit your sales to under $250G/yr. you're still in the 50% cap gains bracket.. 

[BeingCensored]

I'm waiting for the yearly $100000 +  in dividends...but yea its a good headache 

[gisellekronk]

very true , but 2 big exceptions , if you die everything is deemed to be sold , and if a take over is accepted , all your shares will be taken at once when the takeover closes