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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks
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To: Condor who wrote (201)10/15/2000 10:19:41 AM
From: Ed Mitukiewicz  Read Replies (2) of 548
 
I read that as well. It may be a good strategy to sell some losers to get at the 2/3rds loss instead of the rumoured 50%. If you buy back within 30 days the loss would be disallowed and added back to your cost base. The problem with selling on Monday is that there is a three day settlement period so the actual date of the transaction wouldn't be until Thursday which is after the proposed announcement.
Regards, Ed
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