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Gold/Mining/Energy : PYNG Technologies

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To: Gary H who wrote (1734)	4/3/1998 8:42:00 PM
From: Veritas	Read Replies (1) of 8117

OFF TOPIC. Gary, I thought you might be interested to know that I transferred my PYNG into my RRSP at 4.65, the reasoning being that I wish to keep my profits (Let's hope!)out of the Tax Man's hands. Since I bought it at a higher price, I will not have to declare capital gains and I don't mind losing the capital loss advantage (apparently one cannot use it in this case in Canada) since I have previous capital losses I can use from previous years. This exchange also allows me to have more cash available inside the RRSP than if I had transferred in at, say, 6.00+. Hope you find this informative. I'm happy with the deal. Any thoughts?

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