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AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Junior gold miners,.

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Re: Junior gold miners,.

posted on Dec 17, 11 05:43PM

Tax Loss Selling. All fine and dandy, but with a few twists. Let's assume you bought 30K shares at $ 2.70 and are selling at $ 0.70. You can report a $ 60K tax loss. You must have a lot of capital gains to put this to good use. Plus your tax bracket in the highest marginal % in order to fully utilise it. Plus we might have other paper losses with other stocks to add to this.

( Maybe not all of us are in the same boat. Did you get a severance pay from Goldman Sachs ? )

Who says that PDG is not $ 2.70 when you want to buy back ?? LOL.

Forgive me, but I do believe we can not buy puts or sell options for that matter or hedge or whatever other thin air game there is to recover too many losses.

Wishing you all a happy, healthy holiday season ( we call it Merry Christmas ), leaving for Europe to straighten their finances out, not yours.

Prost

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