Bullboard - Stock Discussion Forum Surge Copper Corp V.SURG

Alternate Symbol(s): SRGXF

Metals & Mining Copper

Surge Copper Corp. is a Canada-based company, which is advancing critical metals district in a developed region of British Columbia, Canada. The Company is engaged in the acquisition, exploration and development of mineral properties. The Company owns a 100% interest in the Ootsa Property, an advanced-stage exploration project containing the Seel and Ox porphyry deposits located adjacent to the... see more

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TSXV:SURG - Post Discussion

Surge Copper Corp > Tax loss selling is over… Time for a TFSA splurge on SURG?

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Post by DrillMonkey on Jan 01, 2022 1:05pm

Tax loss selling is over… Time for a TFSA splurge on SURG?

Well it looks like Surge has seen some buying in the last two days since tax loss selling ended on the 29th. I'm no Kreskin and have no crystal ball, but I think we might see some more support here where people start buying for their TFSA accounts next week. Fingers crossed.

Also, all the people/brokerages who bought the financings this year have tax loss sold the shares they didn't want. That leaves all the warrants from the financings with strike prices at .45 cents and up to be exercised. I think/ hope we'll see a sustained move above .45 here very shortly, and even higher moves when more assays from the high-grade Breccia zone are released in the next two months. Exercising those warrants will mean more cash in Surge's coffers this year. The Icing on the cake will be the new resource estimate coming in a few months (maybe sooner if we're lucky).

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