HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Capital gains are not considered earned income thus they do not count toward allowable RRSP contruibution.

In contrast to RRSP contributions I have switched to use of flow through to reduce taxes..... also money is not traped inside RRSP's

Also You only pay tax on only 50% of the gains made via investments . Flow through investments also have a 15% ICT ( investment tax credit) and the total investment is deducted from income ...... ( this reduces the ivestment cost to zero) If sold tax is paid ( 50% 0f profit) in this case being the entire investment.

Flow throughs are another way of defering income tax , and why flow throughs are abundant near year end.

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