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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Richard Mazzarella who wrote (34812)4/13/1999 3:08:00 PM
From: Josephus  Read Replies (3) of 35569
 
As I understand it, when the stock becomes worthless, it still has worth under US tax law. You can write off $3,000 per year until it's gone. But you must have written confirmation of it's worthlessness. Right now, all I got is a "no price" line item on my statements. This can't go on forever. So, when do it go fo'good?

As Chucau sez: For good or evil, forever must not weight...

Thanks for keeping us up to date Richard!

Regards,
Jody _/)_
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