Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: gold$10k who wrote (20332)	9/12/2003 3:57:31 PM
From: isopatch	Read Replies (1) of 39344

vt. Agree those are good ones. Income and tax benefits are especially good for US holders because our national tax code allows us to deduct depletion. Canadian friends have told me they aren't allowed to do that under their tax law. If their gov would change that and allow such deductions for all investors in listed E&Ps AWA privately owned oil properties, it would be a strong boost to the Canadian economy. And, particularly the hydrocarbon rich western provinces by encourage new job creation and business growth in related industies. Just my VVHO, of course. Isopatch

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