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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Message: Re: Should I move my RSP to NOT?
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Aug 20, 2008 06:01AM
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Aug 20, 2008 07:26AM
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Aug 20, 2008 08:16AM
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Aug 20, 2008 08:22AM

Thanks for all the responses. I think some people are speaking more from their personal opinions. I'm planning on leaving all the money within my RSP plan either way. Right now I have my RSP with RBC, I will transfer than in kind to my SDRSP with Direct Investing therefore not receiving any tax implications. Once the money is in my Direct Investing RSP, I will invest in NOT. I still have 30+ years of work ahead of me before I retire (unless I get lucky with NOT ;). Once I look at retiring then I will decide what way to go to reduce the tax implications I have. I might even transfer my NOT shares back into Mutual Funds in 5 years if NOT has made some good money for me. As long as it stays within an RSP plan than I don't pay taxes.

I don't have enough within my RSP to really be making significant gains with Mutual Funds. I think I might take the risk and see where NOT takes me. If I can double or triple my earnings within the RSP because of NOT, well then I am better off for it and from what I've been reading and what pople have been saying this isn't such a far fetched idea.



Thanks for everyone's input, I just hope I can get the money transfered before the stock goes to high :)

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