Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Richard Saunders who wrote (62538)	12/15/2008 7:40:42 AM
From: tyc:>	Read Replies (1) of 78408

There is mention by Globe and Mail that the next budget may contain help for the mining and forestry industries; "After pledging more than $3-billion to rescue the auto sector, the Harper government is now poised to offer similar aid to the struggling mining and forestry industries in next month's budget." I remember that back in the sixties (?), the mining industry enjoyed a three year "tax free holday" for start ups. I think that meant no depreciation nor depletion charges for the first three years. It was a great boon to B.C. mining starts. Something similar could really enhance Mt.M without requiring any government pay-out. Will we see it in the budget ?

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