Frontline Gold Common Stock V.FGC.H

Metals & Mining Gold

Frontline Gold Corporation, a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of gold properties in Canada and Turkey. Its assets in Ontario include the Cameron Lake/Flint Lake property, comprising 21 mining claims located in the Rainy River area; the Copperlode property, consisting of 25 claim cells and 7 boundary cells covering an area of 540 hectares located near Red Lake; the Crooked Pine Lake project, comprising 8 multi-cell claims totaling 5,703 hectares situated in Atikokan; and the Paint Lake Road property, which consists of 6 claims covering 3,610 hectares located in Wawa; the Red Lake properties comprise seven claim groups totaling 262 individual claims, covering approximately 4,900 hectares located in Red Lake; the Whitehorse Island property, consisting of two claims covering a total area of 35.55 hectares; and the Granite Ridge property, which includes 49 claims covering an area of 995 hectares located in Granite Ridge. The com...

TSXV:FGC.H - Post by User

Frontline Gold Common Stock

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Post by KenCamon Dec 17, 2024 2:11pm

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Post# 36366666

Tax Time Shareholders

This maybe time to write off your FGC shares. No activity, no trading. CRA allows you to write the shares down to $0.00 and take the tax loss. Your new ACB(adjusted cost base) is $0.00. Not if a miracle happens and Walter starts doing his job, and the shares recover, your cost will be $0.

Or, you may be able to transfer from a TFSA into an RRSP and get a nice contribution. Most apps won't let you do it directly. You'll have to call in and have your brokerage do it for you. (I know someone who did that recently)

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