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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Eric Tai who wrote (3743)3/9/1997 10:15:00 AM
From: Mark Bartlett   of 35569
 
Eric,

<<I think for any stock inside the RRSP but is not eligible,
the penalty is 1% of the stock's market value (not book value)
per month. >>

Actually the penalty is more severe .... all of the money, principal and any profit are pulled out and taxed at your marginal tax rate ... then you have the 1% too .... not a pretty picture !!

MB
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