Tamarack Valley Energy Ltd T.TVE

Return on investment

[Elderstockman]

At 3.00 it would be paying 5% ,you would be getting paid monthly and with present cash flow there is the promise that the div will increase in the next year. Add the preferential treatment of dividends for tax purposes and  TVE presents a very attractive opportunity. I doubt it is going to zero, so it presents also an opportunity for capital appreciation with  little more risk than a GIC.

[Dibah420]

Preservation of capital is a reasonable strategy, if it lets you sleep better.  He's hopeful this mess will clear up by the time the GIC matures.  A few points for the CRA is tolerable.