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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: pogohere who wrote (31602)4/16/2008 10:25:23 PM
From: Cogito Ergo Sum  Read Replies (1) of 217800
 
Decent yield and mix of NG/oil if NG stays relatively strong..

re: 2011 think about: daylightenergy.ca

Tax Pools
As at September 30, 2007, Daylight and it subsidiaries had combined tax pools of approximately $804 million. These tax pools are of high value since they reside primarily at the corporate level where income is generated and significant balances are available for high rates of annual claim. These tax pool annual claim rates include Canadian exploration expense at 100%, non-capital losses at 100%, Canadian development expense at 30% and undepreciated capital cost at approximately 25%. Fourth quarter 2007 activities are expected to maintain Daylight's tax pool balances at approximately this same level for December 31, 2007. With the announced changes to the taxation of Trusts, these tax pools provide Daylight with significant flexibility going forward and beyond 2011.

The Black Swan
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