New Gold Inc T.NGD

Re:Is it tax because of tax losss

[psych01]

Tax loss?  I suppose some, but that cannot account for the slaughter, the carnage we're enduring.
      We don't get the whole 300M --taxes etc. but we still get a massive cash infusion to vastly improve the balance sheet.  I feel like I'm missing something big, but can't figure it out.  Could be some are skeptical about B.C. operations.  Anyway, not selling, just suffering quietly.  C'est la vie.  Good luck, we'll need it.  IMO

[Born2Struggle2]

TAX LOSS - in Canada u can write of capital losses against your capital gains, but this has to be done a few days before the end of the year. So, there is extra sell pressure leading up to the end of the year in canadian markets. Once u do this u have to wait for about 30 days to rebuy for it to be a legit capital loss. Generally, I have found the seasonality of gold to work about 70% of the time